Debt ceiling deal ignores real driver of deficits: healthcare costs
Participants in the debt ceiling debate placed the spotlight on programs with a barely measurable impact on the deficit and put off to the indefinite future the things that really matter. Now that...
View ArticleChina Criticizes Washington for Debt Deal, But Continues to Invest in U.S.
China’s official news agency, Xinhau, which often voices the true feelings of the country’s political elite, described the recent battles over the Washington debt deal as a “madcap farce of...
View ArticlePoll: Thumbs down on the debt-ceiling deal
The hard-won, last-minute agreement to raise the debt ceiling and cut the deficit gets low ratings from Americans, who by more than 2-1 predict it will make the nation's fragile economy worse rather...
View ArticleNYT: Record disapproval rate for Congress
The debate over raising the debt ceiling, which brought the nation to the brink of default, has sent disapproval of Congress to its highest level on record.read more
View ArticleHow debt downgrade will affect 2012 campaign
The downgrading of U.S. government bonds by Standard & Poor’s ensures that the 2012 election will be fought on the battlefield of debt, as Electoral College math begins mingling with dire economic...
View ArticleFitch Ratings Keeps U.S. at Top Credit Rating
Fitch Ratings said Tuesday it will keep its rating on U.S. debt at the highest grade, AAA, and issued a "stable" outlook, meaning it expects the rating to stay there.
View ArticleLiberals complain about Obama; will it cost votes?
Liberals argue that he caved on the debt ceiling. Unions are upset over his handling of unemployment and labor issues. Hispanics brought the immigration debate directly to his campaign doorstep....read...
View ArticleS&P president steps down
Standard & Poor's president Deven Sharma steps down just weeks after the agency downgraded the US credit rating.
View ArticleAP-GfK Poll: 87% in US disapprove of Congress
Americans are plenty angry at Congress in the aftermath of the debt crisis and Republicans could pay the greatest price, a new Associated Press-GfK poll suggests....read more
View ArticleNew study: debt limit deadline likely extended
The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the...
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