…followed by sovereign debt crises. Will the euro prove to be a firewall against this process, or a debt machine that fuels it? It is going to be extremely difficult…

…and damage the national credit rating with their showdown over the debt ceiling. He just doesn’t mention that the impending debt default and Obama’s sequestration legislation–Obama presumably having become a…

…now believe that it is immoral for me to increase my debt, which could be a burden on my children and grandchildren. As a result, I have imposed a debt…

…term and even if they do won’t have the effect they need on either their Public Debt or Debt Held by the Public metrics, how is that supposed to reassure…

…with current debt.’ This is correct. But things are happening now that affect who owns the debt. On a month to month basis a small portion of the debt has…

…advent of surpluses, the United States has begun to make real progress in paying down its debt. During 1998–2000, debt held by the public fell from $3.8 trillion to $3.4…

…Debt” noted that U.S. fiscal policy since 1789 had strived to retire any debt created during major wars or recessions. In fact, the ratio of gross debt to GDP fell…

by Linda Beale Will Boehner Prevent Extremists from Causing US Debt Default? As the shutdown continues, Republican Speaker Boehner still refuses to bring a clean budget resolution to a vote….

…including ones from the FED: Democrats and Republicans Pedal to the Metal in Debt Ceiling/Shutdown Game of Chicken – Yves Smith – Watching the shutdown/debt ceiling impasse is increasingly like…

…what the “dangerously high debt level” is [for those GOPers who refuse to increase the debt ceiling for that reason]. Is it the danger of default? So they want us…