The House could vote as early as Wednesday on legislation to raise the country’s borrowing limit, after Republicans met on Monday night in their latest effort to find elusive consensus on one of the final must-pass objectives before Washington goes into election mode.
Read more: Debt Ceiling: House Republicans Eye Wednesday Vote in Congress | TIME.com http://swampland.time.com/2014/02/10/debt-ceiling-limit-house-republicans-congress-boehner/
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Picking the best debt-ceiling explainer is a very subjective task. Do you like charts? Then you'll probably like to have the debt ceiling explained in one chart. Do you like movies? This one will explain the debt ceiling in 90 seconds. Do you like cheese from Denmark? Then you will probably like…
Tags: debt, ceiling, debt-ceiling
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U.S. Treasury Secretary Jack Lew urged Congress Friday to increase the debt ceiling, saying he is not confident extraordinary measures will last beyond Feb. 27. In a letter addressed to House Speaker John Boehner, Lew highlighted that the Treasury must start implementing "extraordinary measures" to continue to pay the nation's…
Tags: congress, limit, borrowing, debt, ceiling, house
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Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. The collapse of a few financial institutions, the near-collapse of many others, a massive bailout by multiple governments, and the worst economic downturn in three-quarters of a century ensued. Lots of…
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October 22, 2014 Santiago, Chile The US government’s debt is getting close to reaching another round number—$18 trillion. It currently stands at more than $17.9 trillion. But what does that really mean? It’s such an abstract number that it’s hard to imagine it. Can you genuinely understand it beyond just…
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There is no reason to further extend a European Union deadline for France to cut its budget deficit, the EU's top economic official said on Saturday, adding policy-makers should have learnt the lessons of the debt crisis and stuck to agreed rules. In June last year Paris got two more…
Tags: ceiling, debt
U.S. Treasury Secretary Jack Lew urged Congress Friday to increase the debt ceiling, saying he is not confident extraordinary measures will last beyond Feb. 27.
In a letter addressed to House Speaker John Boehner, Lew highlighted that the Treasury must start implementing “extraordinary measures” to continue to pay the nation’s bills because Congress has not acted to approve its normal borrowing authority.
Mr Lew said he could rely on emergency measures to pay US debts after the limit is reinstated on 7 February.
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Picking the best debt-ceiling explainer is a very subjective task. Do you like charts? Then you'll probably like to have the debt ceiling explained in one chart. Do you like movies? This one will explain the debt ceiling in 90 seconds. Do you like cheese from Denmark? Then you will probably like…
Tags: debt, ceiling, will
55
The House could vote as early as Wednesday on legislation to raise the country’s borrowing limit, after Republicans met on Monday night in their latest effort to find elusive consensus on one of the final must-pass objectives before Washington goes into election mode. Read more: Debt Ceiling: House Republicans Eye Wednesday…
Tags: house, debt, congress, ceiling, borrowing, limit
38
October 22, 2014 Santiago, Chile The US government’s debt is getting close to reaching another round number—$18 trillion. It currently stands at more than $17.9 trillion. But what does that really mean? It’s such an abstract number that it’s hard to imagine it. Can you genuinely understand it beyond just…
Tags: debt, pay
Picking the best debt-ceiling explainer is a very subjective task. Do you like charts? Then you’ll probably like to have the debt ceiling explained in one chart. Do you like movies? This one will explain the debt ceiling in 90 seconds. Do you like cheese from Denmark? Then you will probably like the country’s lessons on how to do debt ceilings.
http://www.washingtonpost.com/blogs/the-fix/wp/2014/02/06/debt-ceiling-explainers-explained/
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Take a look at "How The Economic Machine Works," an introduction to the economic system by Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates. In the video, the Bridgewater Associates founder stresses three rules of thumb he'd like you to remember: 1) Don't have debt rise faster…
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One reason for global market weakness is investors’ fears that emerging market economies may be heading for a broad crisis, sparked by higher U.S. interest rates and slowing growth in China. Much of the analysis in the last few days has focused on why these nations are less exposed to…
Tags: debt
91
The House could vote as early as Wednesday on legislation to raise the country’s borrowing limit, after Republicans met on Monday night in their latest effort to find elusive consensus on one of the final must-pass objectives before Washington goes into election mode. Read more: Debt Ceiling: House Republicans Eye Wednesday…
Tags: debt, ceiling, debt-ceiling
55
U.S. Treasury Secretary Jack Lew urged Congress Friday to increase the debt ceiling, saying he is not confident extraordinary measures will last beyond Feb. 27. In a letter addressed to House Speaker John Boehner, Lew highlighted that the Treasury must start implementing "extraordinary measures" to continue to pay the nation's…
Tags: debt, ceiling, will
50
Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. The collapse of a few financial institutions, the near-collapse of many others, a massive bailout by multiple governments, and the worst economic downturn in three-quarters of a century ensued. Lots of…
Tags: debt-ceiling, debt
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