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Federal deficit shrinks at surprising rate
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Tags: Public Finance, Elections, Fiscal Cliff, Barack Obama, Congressional Budget Office
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Obama to unveil budget proposal, latest offer in deficit talks
WASHINGTON — President Obama will unveil a budget proposal Wednesday that curbs spending on Social Security, raises the minimum wage, closes tax loopholes for top earners and invests in infrastructure — an overdue document that the White House...
Tags: Public Finance, Credit and Debt, Barack Obama, Budgets and Budgeting, Social Security
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Ryan says House open to short-term debt increase
WILLIAMSBURG, Va. – Rep. Paul Ryan, re-emerging as a leader for House Republicans on the budget, said Thursday that the party was open to a short-term federal debt limit increase to prevent another politically damaging fiscal crisis and to kick-...
Tags: Mitt Romney, Fiscal Cliff, Politics, Credit and Debt, White House
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Argentina is cautionary tale as U.S. debates debt limit
You know all those warnings about how America's addiction to deficit spending is going to make us look like Greece? Stop worrying. The bigger concern should be that America will look like Argentina. That could happen, theoretically, if the...
Tags: Public Finance, Bonds, Barack Obama, Money and Monetary Policy, Parties and Movements
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Fitch warns that debt-limit delay could hurt U.S. credit rating
WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday. Republicans want major government spending cuts in exchange for a debt-limit...
Tags: Public Finance, Fiscal Cliff, Credit and Debt, Manufacturing and Engineering, Timothy Geithner
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Don't let mortgage debt wreck retirement
Dear Liz: I have a first mortgage with a current balance of $32,000 at 5.625% interest. This will be paid off in about 24 months, based on regular payments plus $200 a month extra I am paying on principal. I have a home equity line of credit with a...
Tags: Credit and Debt, Financially Distressed Companies, Bankruptcy, Justice System, Economy, Business and Finance
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Debt would grow under most GOP candidates' plans, report says
President Obama is roundly criticized by Republicans for running up the nation's debt load, but tax and spending proposals from the GOP presidential contenders show debt would continue to rise under their watch -- sometimes to even more alarming levels....Tags: Elections, Economic Policy, Newt Gingrich, Budgets and Budgeting, Rick Santorum
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Standard & Poor's warns of downgrade on Eurozone credit ratings
Money & CompanyStandard & Poor's: The Standard & Poor's said it could downgrade long-term credit ratings for nations in the eurozone.... -
Corzine 'stunned' that MF Global couldn't find missing funds
Money & CompanyAs the first former U.S. senator to be subpoenaed by Congress in more than a century, Jon Corzine testified Thursday about the “last chaotic days” of MF Global, the trading firm that declared bankruptcy under his watch. Corzine said he...... -
Greek parliament approves new spending cuts amid protests
World NowAs thousands of protestors took to the streets and violence ripped through central Athens, Greece’s parliament on Sunday approved yet another round of punishing public spending cuts to secure international rescue funds and ease fears of a calamitous... -
Moody's warns it may cut Italy's debt rating; Greek bailout talks advance
Money & CompanyThe dreaded fear of contagion in Europe’s government-debt crisis flared on Friday after Moody’s Investors Service put Italy’s bond ratings on review for possible downgrade. Moody’s move came after hopes rose early Friday that... -
Obama on deficit talks: 'I have bent over backwards to work with the Republicans'
Top of the TicketIn 6,102 words Obama seeks to portray himself as the compromiser-in-chief on the stalemated deficit reduction talks....
May 14, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Jan 17, 2013
|Story| Los Angeles Times
Jan 15, 2013
|Column| Los Angeles Times
Jan 15, 2013
|Story| Los Angeles Times
Jan 6, 2013
|Column| Los Angeles Times
Feb 23, 2012
|Story| Los Angeles Times
Dec 5, 2011
| Los Angeles Times
Dec 8, 2011
| Los Angeles Times
Feb 12, 2012
| Los Angeles Times
Jun 17, 2011
| Los Angeles Times
Jul 11, 2011
| Los Angeles Times
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