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Europe's debt crisis joins governments and banks at the hip
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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.
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Is Washington careening toward another debt limit crisis?
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Another showdown appears to be brewing over the national debt limit – and under what conditions Congress will raise it next time. But something big will happen between now and then that may prevent it.
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Romney Backers Criticize Obama on Debt, Compare US Economy to Greece
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As part of its weeklong push to criticize President Barack Obama on the economy and the deficit, the Republican National Committee and the Romney campaign today hit the president on the national debt. On an RNC conference call Wednesday, New Hampshire lawmakers never mentioned the...
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Is Obama responsible for a $5 trillion increase in the debt?
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“When you add up his policies, this president has increased the national debt by five trillion dollars.” — Mitt Romney, in Des Moines, May 15, 2012 Read full article >>
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ROMNEY VISIT: Focus On National Debt
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Republican presidential hopeful Mitt Romney will be in Des Moines Tuesday to talk about the nation's debt...
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Boehner threatens another debt-ceiling fight
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Washington braced Tuesday for a replay of last summer’s tense battle over the burgeoning national debt as House Speaker John A. Boehner threatened again to block an increase in the federal debt ceiling without significant new cuts in spending. Read full article >>
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James Kwak: Because They Can
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It seems as if the Republicans are trying to turn the national debt back into a major political issue. Despite their abysmal record when it comes to fiscal responsibility, it could still turn out to be smart politics, for a few reasons.
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How much debt should a city risk?
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CEDAR RAPIDS — Little gets more talk on the national political stage than debt. Republicans call for spending cuts by the federal government, while opposing tax increases on wealthier Americans. Democrats support such revenue-increasing taxes, while opposing spending cuts. “The federal government is using debt to pay for operating expenses in a lot of cases,” [...]
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National Association of Tax Debt Resolution Companies to Set the Record Straight during Inaugural Conference
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TRS CEO Michael Rozbruch among tax relief experts convening to unearth challenges and polish an image tarnished by unscrupulous acts of a few bad tax actorsEncino, CA (PRWEB) May 17, 2012 The National Association of Tax Debt Resolution Companies (NATDRC) is gearing up for its first ever Legislative and Regulatory Conference scheduled for May 20-21, 2012, in Washington, D.C. ...
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Fun Plans for Summer Vacation
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You heard it here first, people! The national debt is very, very big. So must be time for another debt-limit debate.
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