Latest Sovereign debt News
Biden gets CEO support for economic agenda
WASHINGTON (AP) — President Joe Biden on Wednesday secured the blessing of several business leaders on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he's proposed. Biden...
Editorial Roundup: Missouri
Jefferson City News Tribune. January 22, 2022. Editorial: Massive spending proposal would help state, but at what cost? Christmas may be over, but Missouri Gov. Mike Parson had the enviable role of playing Santa Claus this past week. Like the Jolly Old...
Editorial Roundup: Pennsylvania
Philadelphia Inquirer. January 10, 2022. Editorial: To help Pennsylvanians, Biden must alleviate student loan debt Fourteen percent of people in our state carry student loan debt. Forgiving those debts could be a game changer for Pennsylvania residents. ...
Editorial Roundup: Missouri
___ Kansas City Star. December 20, 2021. Editorial: Mad at Manchin? Kansas’ and Missouri’s senators vote against the people all the time Democratic Sen. Joe Manchin is catching all the heat for refusing to support the Biden administration’s...
Editorial Roundup: Kansas
Topeka Capital-Journal. December 21, 2021. Editorial: Kris Kobach culpable for $1.9M in attorney fees over failed voting law, but others to blame as well Good news: Kansas is projected to have a budget surplus of $2.9 billion. Bad news: Kansas is on the...
Congress sends Biden $2.5T debt limit hike, avoiding default
WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.5 trillion increase in the nation's borrowing authority to President Joe Biden over lockstep Republican opposition. Capping a...
Congress sends Biden $2.5T debt limit hike, avoiding default
WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.5 trillion increase in the nation's borrowing authority to President Joe Biden over lockstep Republican opposition. Capping a...
Congressional leaders reach deal to hike debt limit
WASHINGTON (AP) — Congressional leaders reached an elaborate deal Tuesday that will allow Democrats to lift the nation’s debt limit without any votes from Republicans, likely averting another last-minute rush to avoid a federal default. Hours later, the House passed legislation overwhelmingly...
US budget deficit eases to $165B in October, down 42%
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic. The Treasury Department reported Wednesday that the federal government posted...
Treasury says plans to borrow $1.02 trillion this quarter
WASHINGTON (AP) — The Treasury Department said Monday it plans to borrow $1.02 trillion during the current quarter, the largest amount since the government began passing trillion-dollar rescue packages for the economy in the spring of 2020. Treasury said the borrowing...
