Debt

Boehner's Parting Gift: Two-Year Budget Deal Passes The House

All Democrats and 79 Republicans voted in favor of it.
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The Budget Deal Raises Taxes On Rich People, Kind Of

Some hedge funds and lawyers are going to be paying Uncle Sam a little bit more.
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Boehner Defends His Budget Deal

But conservative members slam the two-year agreement as a gift to Obama.
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Education Department Pays Debt Collectors Millions After Finding Wrongdoing

Firms the government said it would fire may still be deceiving student loan borrowers, advocates say.
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House Conservatives Say It's Too Late To Stop A Debt Ceiling Deal

Outgoing House Speaker John Boehner hopes to finalize a deal to raise the debt ceiling before he leaves office.
By David Lawder, Reuters

Dems Beg, Plead To Avoid Debt Catastrophe In Days

"In March they voted for a budget that they're now sabotaging in October."
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Congress Begins Frightening Debt Default Debate With Enormous Consequences

“We would probably be looking at something that could cause a global recession.”
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Mississippi City Sued Over 'Jailhouse Shakedown' That Hurts Poor

Those who couldn’t afford fines were held for days in what one woman called “filthy and nasty” cells.
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The Senate And The House Begin Their Debt Limit Dance

The U.S. will default on its debts on Nov. 3 if Congress doesn't take action.
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U.S. Will Hit Debt Limit No Later Than Nov. 3, Treasury Secretary Warns

Lew added that a remaining cash balance of less than $30 billion would swiftly deplete.
By Reuters