China Urges U.S. to Protect Creditors by Raising Debt
July 14, 2011 by MomLotAdmin
Filed under Latest News & Trends
China said it hoped the United States would adopt “responsible policies,” highlighting concerns around the globe about the protracted budget talks.
Hopes Dwindling for Compromise in Budget Talks
July 13, 2011 by MomLotAdmin
Filed under Latest News & Trends
Pessimism spread about the prospects of a debt-limit deal between President Obama and Republicans, prompting the Senate Republican leader to give a “last-choice option.”
Obama Grasping Centrist Banner in Debt Impasse
July 12, 2011 by MomLotAdmin
Filed under Latest News & Trends
President Obama has been casting himself as a pragmatic centrist as negotiators try to reach a deal on the budget.
Obama Takes Centrist Banner in Impasse Over Deficit
July 12, 2011 by MomLotAdmin
Filed under Latest News & Trends
President Obama has been casting himself as a pragmatic centrist as negotiators try to reach a deal on the budget.
Somehow, the Unemployed Became Invisible
July 10, 2011 by MomLotAdmin
Filed under Latest News & Trends
In past downturns, Americans demanded politicians’ attention. But this time, the nation’s jobless are mostly just enduring.
President Looks for Broader Deal on Deficit Cuts
July 7, 2011 by MomLotAdmin
Filed under Latest News & Trends
President Obama, who will meet with the bipartisan leadership of Congress on Thursday, wants to move well beyond the $2 trillion in savings sought in earlier negotiations.
Geithner Staying (for Now)
July 1, 2011 by MomLotAdmin
Filed under Latest News & Trends
Treasury Secretary Timothy F. Geithner said Thursday that he planned to stay in his job “for the foreseeable future.”
In Deficit Plan, Taxes Must Rise, President Warns
June 30, 2011 by MomLotAdmin
Filed under Latest News & Trends
Saying a deal would not be possible without painful steps on both sides, President Obama pressured Republicans to accept higher taxes to pare down the deficit.
But Nobody Pays That: Companies Push for Tax Break on Foreign Cash
June 20, 2011 by MomLotAdmin
Filed under Latest News & Trends
Some large corporations are pushing for a tax holiday to bring offshore profits back home, but the last time such a break was given, the economic benefits were limited.
Economic Scene: Cutting the Deficit, Adding Jobs
June 15, 2011 by MomLotAdmin
Filed under Latest News & Trends
Both parties have reason to compromise on the debt talks under way as the economy shows signs of stumbling.



