US NATIONAL DEBT TRACKER: SEE HOW MUCH THE GOVERNMENT OBLIGATIONS COST Presidential administrations and congressional majorities of both parties have contributed to the $34 trillion national debt.(Fox News/Photo illustration / Fox News) Japan is often noted as an example of a developed country that...
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Read the full-text online article and more details about "'Relief' as Congress Close to US Debt Deal" - Western Mail (Cardiff, Wales), August 1, 2011Western Mail (Cardiff, Wales)
There isn't much precedent on what to do in case of a default, since it's never happened before. If the government doesn't raise the ceiling, the United States won't automatically go into default. The Treasury Department has enough to cover some obligations, but it's uncertain what proto...
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There’s also no agreement on what levels of debt and deficits are sustainable, and the number of deficit doves has swelled over the past decade. Those skeptical of the fiscal warnings note that the government has run large deficits for well over a decade without the predicted increase in int...
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s government debt buying program; 2) BoJ’s asset purchase program are already in action; 3) Fed to extend its balance sheet duration at next week’s meeting and 3) the BoE to expand its QE by early next year at the latest. In EM, the timeline for policy normalization has been ...
IACS is excited to see the growth of Indian-American service in government, with this year’s election of five Indian-American representatives to Congress. In its sixth year, the IACS internship program is looking to expand the reach of this enriching opportunity to more students across the coun...