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Tag: Debt
Dems Reject GOP ‘Ransom Note’ as Treasury Warns Debt Limit Hike Only Solution to Avoid US Default
In August 2011, the US came within hours of defaulting on its debt before lawmakers agreed to a temporary deal to raise the debt ceiling. Despite the 11th-hour solution, S&P still downgraded the US’ credit rating – and despite the problems it created, Republicans have continued to use the perennial situation as a bludgeon against their rivals. The post Dems Reject GOP ‘Ransom Note’ as…
What hitting the debt limit means for American households
The U.S. hit its $31.4 trillion debt ceiling Thursday, prompting the Treasury Department to enact “extraordinary measures” to delay a default. CBS News congressional correspondent Scott MacFarlane reports from Capitol Hill, and CBS News business analyst Jill Schlesinger discusses what this could mean for the U.S. economy. #news #debt #treasury CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News…
What comes next after America hits debt ceiling?
Texas Rep. Jodey Arrington breaks down the White House’s strategy as America reaches its debt ceiling on ‘The Evening Edit.’ #FOXBusiness #TheEveningEdit Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New…
Ghana Extends Deadline for Its Debt Exchange Program for Third Time
Ghana is facing its worst economic crisis in a generation, brought about by rampant debt. In October 2022, the Bank of Ghana revealed that the West African country’s public debt was 467.4 billion Ghanaian cedis ($37.4 billion), of which 42% was domestic debt, with interest payments consuming between 70% and 100% of government revenues. The post Ghana Extends Deadline for Its Debt Exchange Program for…
Biden White House quietly reverses student debt handout rules: Lisa Boothe
‘The Big Sunday Show’ panelists weigh in on ‘changes’ to Biden’s student debt handout plan and the House of Representatives nixing a vote to limit members of Congress from stock trading. #FoxNews #Fox Subscribe to Fox News! https://bit.ly/2vaBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well…
Perino: Student loan debt forgiveness won't give Biden, Dems the political, PR payoff they want
‘The Five’ co-hosts discuss the Biden administration’s plans to cancel billions in student loan debt for those who make less than $125,000 per year. #foxnews #thefive Subscribe to Fox News! https://bit.ly/2vaBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number…
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Ukraine is eagerly waiting for Western aid as Russia racks up more victories on the battlefield. Meanwhile, British Foreign Secretary David Cameron on a visit to Kyiv gave Ukraine the [...]
The nation of Kazakhstan has been rattled by the trial of former economy minister Kuandyk Bishimbayev, who stands accused of the murder of his wife, Saltanat Nukenova. Shock waves rippled [...]
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