National Debt Nears Size Of U.s. Economy

USATODAY.com News, USA Today
Sat, 10/29/2011 - 5:00am

The Obama administration won a reprieve this week from some particularly scary economic news that had been projected to occur around Hallowe ...

Senh: Wait, how is Japan able to stay afloat with a debt-to-gdp ratio of 220%?!

Sections: news u.s. politics

Topics: debt-to-gdp ratio economy federal debt gdp greece halloween italy japan obama administration

US home sales rebound slightly in February
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Portman among 47 GOP senators to sign letter to Iran
WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More

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