Tag: Debt
CBO: Debt to Surpass GDP at Record Level over Next Decade
(The Center Square) The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross...
How Your Parents’ Debt Could Outlive Them
(Liz Weston, NerdWallet) Many people believe one of two common myths when a parent dies in debt, says Chicago estate planning attorney Michael Whitty....
Extreme Ratios Point to Gold and Silver Price Readjustments
(Stefan Gleason, Money Metals News Service) Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials...
Congress Raised the Debt Ceiling Again without Doing Anything to Fix...
(Reason) The House of Representatives voted Tuesday evening to lift the debt ceiling by $480 billion, temporarily postponing a possible default until early December.
The...
Stocks Move Broadly Higher as Debt Standoff Ends
(Associated Press) Stocks rose broadly at midday on Wall Street as investors welcomed the end of a standoff in Congress over extending the federal...
Yellen Rejects $1T Coin
(Associated Press) U.S. Treasury Secretary Janet Yellen said Tuesday that Oct. 18 remains the date she is likely to run out of resources to...
Biden Tells GOP to ‘Get Out of the Way’ on Debt...
(Associated Press) President Joe Biden accused Republican lawmakers on Monday of blocking efforts to increase the government's borrowing authority, saying they're playing "Russian roulette...
Yellen Warns US May Hit Debt Limit in October
(Associated Press) Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the...
Currency Emergency: When the Debt Comes Due
(Stefan Gleason, Money Metals News Service) What happens when the debt comes due?
It’s a question millions of Americans are grappling with in their personal finances....
Yellen Outlines Emergency Measures on Debt Limit
(Associated Press) Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from...
