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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...
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...
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-...
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: General Motors Corp., Bonds, Judges, Justice System, Argentina
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...
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...
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....
Money & CompanyStandard & Poor's: The Standard & Poor's said it could downgrade long-term credit ratings for nations in the eurozone....
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......
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...
Money & CompanyCitigroup is paying hundreds of millions to settle a lawsuit accusing it of betting against its own clients on a mortgage-backed security that the bank had designed to fail....
Money & CompanyEuropean leaders are beginning crucial talks aimed at finding a solution to the sovereign debt crisis, and investors seem to be optimistic about the outcome. On a walk through the Occupy Wall Street encampment, Alec Baldwin calmly takes on a number of Ron...
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
Oct 19, 2011 | Los Angeles Times
Oct 21, 2011 | Los Angeles Times
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