WASHINGTON -- Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they're to...
Markets plunged this week after Standard & Poorās downgraded the United Statesā sovereign credit rating. But if history is any guide, the pronounc...
Sens. Mark Udall (D-CO) and Michael Bennet (D-CO) voted for the bill to prevent a government default and lift the debt ceiling, but both are voicing c...
WASHINGTON (CNNMoney) -- Some students will start owing more on their loans while they're in school under a last-minute debt ceiling deal to keep the ...
These last few months, much of the country has watched in horror as the Tea Party Republicans have waged jihad on the American people. Their intransig...
In a country with a seemingly endless rise in medical costs, figuring out why certain cities are particularly prone to spending more on health care ca...
WASHINGTON -- Congressional leaders and President Obama on Sunday night announced they've cut a deal to avert a historic U.S. default, saying they hav...
Rather than declare victory, Washington should waste no time in redoubling efforts to remove the multiple policy uncertainties and structural impediments that stand in the way of restoring America on the path of high growth and plentiful job creation.
With the reported deadline to raise the debt ceiling drawing ever closer, Washington has yet to come to terms on a deal to do so -- this despite month...
The existence of a debt ceiling questions the validity of our Republic's debts; it presupposes that Congress will continue to overdraft. A debt ceiling is unconstitutional and its effect a legal nullity.
Millions of Americans were thrown out of work because of forces beyond of their control in 2008. It should be unthinkable for any leader to threaten to intentionally revisit that suffering on more Americans for political gain, and yet that is where we are.
WASHINGTON (MarketWatch) -- Analysts for Standard & Poor's don't believe the U.S. will default on its obligations, the rating agency's president, Deve...
NEW YORK -- Could the U.S. lose its top credit rating even if a deal is reached to raise the debt limit? Market analysts and investors increasingly sa...
The only thing that matters for global markets over the coming days is whether a deal can be struck in Washington over the debt ceiling. That said, th...
Almost any agreement at a deadline is not a good one, as creativity and information processing plummet. Republicans and Democrats trying to reach a spending agreement are essentially rearranging deck chairs on the Titanic.
Higher interest rates means I can start earning more than the .0005% annual interest that I'm now getting on my savings account, allowing me to afford a few of the finer things in life. Honey, get your pocketbook: we're going to Pizza Hut... in six months.
In the past few years, the U.S. economy has been beset by the subprime meltdown, skyrocketing oil prices, the Eurozone debt crisis, and even the Tohok...
In any reasonable negotiation, both sides can assume that certain outcomes can safely be ruled out, chief among them the possibility that one party wi...