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.

Eurozone Debt Crisis Part 2: The Contagious Greek Patient Cannot be Kept Isolated

Greece has already defaulted, if you note the March 2012 debt deal which required private creditors (95% agreed) to take a greater than 50% haircut on their debt, and by doing so trigger an umpteenth bailout of ?130bn from the International Monetary Fund (aka USA), European Monetary Union (aka Germany ? with its sidekick, France) and the European Central Bank (aka Bundesbank or the German ...

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.

Republicans Attack Obama on Debt Ceiling

Its only May, but it already feels like August in Washington—August of 2011, that is, when Congress and the White House were locked in a seemingly endless battle over raising the federal government’s debt ceiling.

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.

Debt Resolve Announces Fiscal Year 2011 Results and Updates Shareholders

TARRYTOWN, N.Y. -- Debt Resolve, Inc. today provided a shareholder update and announced its fiscal year 2011 financial results. Revenues totaled $138,897 and $127,332 for the years ended December 31, 2011 ...

Debt threat returns in developing world

Call for a 'new jubilee' as financial crisis and ballooning private debt create new vulnerability in impoverished countries. A ground-breaking new report from Jubilee Debt Campaign has found that debt burdens in impoverished countries have increased significantly since the debt cancellation of the 2000s, following fallout

Italy to keep debt profile outside riskier area

MILAN (Reuters) - The average lifespan of Italian debt, which has fallen during the euro zone crisis as investors favor safer short-term issues, should still be close to the current level of 6.8 years at the end of 2012, a top Italian debt official said. As the average maturity of a country's debts falls, the amount of bonds it has to sell each year rises. This makes it more exposed to a ...

How to Reduce the Crushing Load of MBA Student Debt

Average MBA student debt loads for the top business school graduates in the Class of 2010 were reported to be in the range of $60,000 to $110,000, a crushing burden for those just starting their business career. But there is a practical way that full-time MBA students can generate $100,000 or more of extra earnings to more quickly pay off this debt.

Spiraling college costs and student debt spark doubts over payoffs

A tsunami of student debt has helped motivate the Occupy Wall Street movement and roiled presidential politics.