Debt Market

Federal deficit shrinks at surprising rate

2013-05-14 18:56:00

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

Obama to unveil budget proposal, latest offer in deficit talks

2013-04-10 03:00:00

WASHINGTON�— President Obama will unveil a budget proposal Wednesday that curbs spending on Social Security, raises the minimum wage, closes tax loopholes for top earners and invests in infrastructure�— an overdue document that the White House...

Ryan says House open to short-term debt increase

2013-01-17 12:45:00

WILLIAMSBURG, Va. – Rep. Paul Ryan, re-emerging as a leader for House Republicans on the budget, said Thursday that the party was open to a short-term federal debt limit increase to prevent another politically damaging fiscal crisis and to kick-...

Argentina is cautionary tale as U.S. debates debt limit

2013-01-15 16:20:00

You know all those warnings about how America's addiction to deficit spending is going to make us look like Greece? Stop worrying. The bigger concern should be that America will look like Argentina. That could happen, theoretically, if the...

Fitch warns that debt-limit delay could hurt U.S. credit rating

2013-01-15 07:38:00

WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday. Republicans want major government spending cuts in exchange for a debt-limit...

Don't let mortgage debt wreck retirement

2013-01-06 00:00:00

Dear Liz: I have a first mortgage with a current balance of $32,000 at 5.625% interest. This will be paid off in about 24 months, based on regular payments plus $200 a month extra I am paying on principal. I have a home equity line of credit with a...

Debt would grow under most GOP candidates' plans, report says

2012-02-23 13:01:00

President Obama is roundly criticized by Republicans for running up the nation's debt load, but tax and spending proposals from the GOP presidential contenders show debt would continue to rise under their watch -- sometimes to even more alarming levels....

Standard & Poor's warns of downgrade on Eurozone credit ratings

2011-12-05 16:35:13

Corzine 'stunned' that MF Global couldn't find missing funds

2011-12-08 16:34:34

Greek parliament approves new spending cuts amid protests

2012-02-12 16:41:54

Moody's warns it may cut Italy's debt rating; Greek bailout talks advance

2011-06-17 16:35:09

Obama on deficit talks: 'I have bent over backwards to work with the Republicans'

2011-07-11 16:36:34

has cleared out a lot of bad players that didn't act like the nonprofit they were supposed to be, you still must choose a counselor with care, says Deanne Loonin, staff attorney with the National Consumer Law Center.

2002-01-23 00:00:00