Speaker John Boehner Insists on Tying Debt Limit Increase to Spending Cuts

House Speaker John Boehner, R-Ohio, stood by his call insisting that any increase in the debt limit should be offset by greater cuts in spending and tax reform before the end of the year, saying that working toward an agreement now would improve the economy.

Boehner Insists on Tying Debt Limit Increase to Spending Cuts

House Speaker John Boehner, R-Ohio, stood by his call insisting that any increase in the debt limit should be offset by greater cuts in spending and tax reform before the end of the year, saying that working toward an agreement now would improve the economy.

Europe's debt crisis joins governments and banks at the hip

In Greece, Spain and elsewhere, much of the national debt is owed to the countries' banks, and disaster for one would almost certainly spell doom for the other. LONDON — The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis.

Graduating collegians cope with student debt in a weak economy

Students and graduates from several Southland campuses talk of their loans and how paying them off figures into their plans. For some, the path seems secure; for others, uncertainty is the only certainty. College graduation is typically a time to tally accomplishments and to look ahead. But for many graduates, it is also a time to tally student loans and figure out how to repay them.

Bristol Airport under pressure to refinance debt

LONDON (Reuters) - The owners of Bristol Airport may have to stump up some cash to help with the refinancing of 515 million pounds ($814 million) of debt which falls due next year, banking sources said on Friday. The western England airport, owned 50 percent by Macquarie's European Infrastructure Fund 1 and 49 percent by the Ontario Teachers Pension Plan (OTPP), with Sydney Airport holding the ...

Obama, G-8 leaders agree approach to European debt crisis should combine austerity, growth

Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the de...

Japan says ready to help in stemming eurozone debt crisis

“In order to help the Europeans solve the European debt crisis, Japan is ready to extend its assistance," Naoko Saiki said.

Debt collector associated with IHC hires Mike Leavitt to repair image after accusations

Accretive Health Inc., a medical debt collection agency with connection to Intermountain Healthcare, has hired former Utah...

Taxing CO2 Would Help EU Debt Crisis, Former Ministers Say

Taxing carbon emissions and the consumption of fossil fuels would help Europe overcome its sovereign-debt crisis and help protect the climate, said four former ministers including Hans Eichel, Germany’s minister of finance from 1999 to 2005.

MBA students can pile up debt

Joe Mihalic wasn't thinking at all about how he was going to pay off student loans — which would end up totaling $101,000 — when he was accepted to Harvard Business School.