The US risks defaulting on its financial obligations if a federal budget deal is not struck by 2 August.
Q&A: Why has the US not agreed a new debt ceiling?
The following picture expresses my sentiments exactly on this impasse:
Friday, July 29, 2011
When you stare into an abyss...
The US House of Representatives has passed a Republican bill proposed by Speaker John Boehner to increase the nation's debt ceiling and cut the budget deficit, but the bill was quickly killed by the Democratic-led Senate. Senate leader Harry Reid is now seeking a vote on a rival plan he proposed
The US risks defaulting on its financial obligations if a federal budget deal is not struck by 2 August.
Q&A: Why has the US not agreed a new debt ceiling?
The following picture expresses my sentiments exactly on this impasse:
The US risks defaulting on its financial obligations if a federal budget deal is not struck by 2 August.
Q&A: Why has the US not agreed a new debt ceiling?
The following picture expresses my sentiments exactly on this impasse:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment