New York Times

Dispute Over Budget Deepens a Rift Within the GOP
New York Times
It was the Old Guard versus the Tea Party, but with real ramifications, as Congress careens toward another debt limit and spending crisis this fall with seemingly no one at the steering wheel. The newer members say negotiations should go forward only ...
Conservatives propose compromise of balanced budget, higher debt limitWashington Times
Texas Sen Ted Cruz targets both parties on budget, debt ceiling 'I don't trust ...The Global Dispatch
Tea party versus old guard in GOP Senate riftOakland Press

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Will you marry me (and my student loan debt)?
USA TODAY
Many young couples are dealing with delicate conversations about debt, such as student loans, credit cards or other debt — or financial experts say they should be having those discussions this wedding season. It's best to come clean before saying "I ...

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TMZ.com

Evander Holyfield -- Losing Right to Drive ... Over Child Support Debt
TMZ.com
Holyfield was even put on a payment plan to chip away at the debt ... paying $2,950 per month ... but according to court docs, he missed several payments and still owes $327,858.36. Now, a Georgia judge has given the Division of Child Support Services ...
Evander Holyfield May Lose Right to Drive Over Child Support Debt (VIDEO)Auto World News

all 5 news articles »


Town Hall

The Half-Forgotten Debt Crisis
Huffington Post
Phil Gramm and Steve McMillin told the readers of The Wall Street Journal last Wednesday that "the debt problem hasn't vanished." Most significant of all, the House Appropriations Committee, firmly under Republican control, voted last Tuesday for a ...
The Debt-Limit DanceTown Hall

all 2 news articles »


Effort to fix the national debt spreads to Ohio
Plain Dealer
Cutler is among more than 100 CEOs who have joined "Fix the Debt," a group launched last July by Erskine Bowles, who served as White House Chief of Staff under President Bill Clinton, and former Wyoming GOP Sen. Alan Simpson. The pair headed a ...



Dark Debt Days Are Past for Citi, BofA
Wall Street Journal
May has seen the cost of insuring against default at both banks fall to their lowest levels in at least five years, breaking below the level of $100,000 to insure $10 million of debt, according to Markit. Meanwhile, for both banks the difference, or ...

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Margin Debt Hits a Record, Showing Confidence
Wall Street Journal
Investors ramped up their borrowing against brokerage accounts in April, taking margin debt to its highest-ever level. Investors borrowed $384.4 billion against their investments in April, a 1.3% gain from the previous month and a 29% rise from the ...



Economics Daily Digest: The real (student) debt crisis
Daily Kos
Roosevelt Institute Chief Economist Joseph Stiglitz says he backs Elizabeth Warren's plan to let students borrow at the same discount rate as banks because student debt is holding back our economy, especially compared to countries that are actually ...



Manchester United's Debt Refinancing Will Boost Team's Profits
Forbes
In February I wrote about how cheap money has helped bail out team owners saddled with a lot of debt refinance at lower interest rates. Manchester United does not need a bail out by any measure as the team, which won the Premier League this season, ...

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CANADA FX DEBT-C$ in retreat as Fed stimulus concerns drag
Reuters
... first quarter, Spitz said. Prices for Canadian government debt were higher across the curve, with the two-year bond adding one Canadian cent to yield 1.031 percent and the benchmark 10-year bond up 9 Canadian cents to yield 1.951 percent ...

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