But while most Americans aren't lending Greece's troubles much attention, it's only a matter of time before the meltdown fuels a new debt debate in Washington. [...]
The U.S. is paying a big price in growth, jobs and wages by practicing the kind of fiscal austerity that it criticizes European nations for pursuing. [...]
The U.S. government has opened a new line of business for America’s biggest banks, and for once they don’t want it. Little wonder: it’s cash from legalized marijuana. [...]
The Treasury Department says a flood of tax payments pushed government receipts up to an all-time high in April and left the country with the largest monthly budget surplus in seven years. [...]
U.S. lawmakers' proposals to sanction countries that deliberately weaken their currencies could derail a Pacific trade pact that is a key ... [...]
The government sweep of profits from Fannie Mae and Freddie Mac was defended by the top Treasury Department housing official, who called again for Congress to replace the U.S.-owned mortgage-finance giants. [...]
Growth in the U.S. services sector braked in December and new orders for manufactured goods fell for a fourth straight month in November, signs the economy lost some momentum in the fourth quarter. [...]
Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb inversion deals that allow companies to escape high U.S. taxes by reincorporating [...]
Representative Darrell Issa alleges the Treasury Department is caught up in President Barack Obama’s political strategy to put off as many harmful Obamacare provisions as possible until after the 2014 Congressional Mid-term elections. [...]
US Treasury Secretary Jack Lew has warned the US may default on its debt by the end of the month if Congress does not raise its borrowing limit. [...]
By all accounts, U.S. Treasury Secretary Jack Lew is a serious defender of the economic interests of lower-income Americans, who have suffered more than most from the bursting of the housing bubble. Strange then, writes Stephan Richter, that he would urge Europeans to repeat the borrow-and-spend mistakes that got the United States into trouble. [...]
Did you hear the latest out of Washington D.C. and our Government?
Timothy Geithner and Barack Obama discuss things, possibly even the upcoming debt ceiling issue!
Secretary of the Treasury Timothy Geithner and the Obama administration is already pushing for a higher debt ceiling. Remember last year when we went through all the threats of a government shut-down, and Obama threatened (in an off-handed way) to withhold social security and veterans checks? Well, get ready for more of the [...]
Well, it's finally happened. The Congressionally authorized debt limit for the U.S. has been reached today! How long can we keep the flag flying proudly when the country is in this severe of a predicament? What will Americas Next President do about the National Debt? (more…) [...]