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federal deficit, u.s. debt limit
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Moody's sounds alarm over U.S. debt limit and deficits

Moody's sounds alarm over U.S. debt limit and deficits

Ratings agency Moody's warned on Thursday it would consider cutting the United States' coveted top-notch credit rating if the White House and Congress do not make progress by mid-July in talks to raise the debt limit.

 

House GOP sinks debt-limit increase

House GOP sinks debt-limit increase

House Republicans engineer the defeat of their own proposed $2.4 trillion increase in the debt limit because it did not come accompanied by spending cuts.

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Debt limit reached, US halts 2 pension investments

Treasury Secretary Timothy Geithner said Monday that he will immediately halt investments in two big government pension plans so the government can continue to borrow money....

 

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