Economy - Most Recent


The debt ceiling crisis, in limericks

Jul 29, 2011
The Great Recession, the housing bubble burst, and the on-going debt ceiling debate aren't easy to laugh about, but Dr. Goose and Money listeners try to bring some humor with economic limericks.

If debt deadline is missed, who will get paid?

Jul 28, 2011
At some point, the U.S. government will have to decide who gets paid and who doesn't, if Congress and the president don't agree on a new debt ceiling. Some government obligations will have priority over others

Overall impact beyond debt ceiling deadline could be long-lasting

Jul 27, 2011
Even if the country avoids default, there are other economic threats that could impact the long-term health of the economy

Congress takes on ratings agencies

Jul 27, 2011
A House subcommittee today looks into the role of ratings agencies during and after the financial crisis

Why the debt ceiling debate is affecting the economy

Jul 27, 2011
If the U.S. economy were an airport, the debt-ceiling debate on Capitol Hill is like a dark cloud causing flight delays, says Senior Editor Paddy Hirsch in his latest Whiteboard video
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Poll shows majority of Americans want debt ceiling compromise

Jul 26, 2011
Even if it means passing a package they disagree with. And a majority of Americans believe that President Obama and Congress will reach a deal by the Aug. 2nd deadline, according to findings by the Pew Research Center for the People and the Press.

Explainer: How do governments borrow and lend

Jul 26, 2011
On August 2, the U.S. Treasury Department says it will run out of cash and could have to default on some of its debts -- namely U.S. Treasury bonds.

Debt talk: Still no deal

Jul 26, 2011
Washington took to the airwaves yesterday to explain why there was still no plan to raise the debt ceiling. Meanwhile, Wall Street is holding its breath and hoping for a deal before the August 2nd deadline.

In the debt ceiling debate, Obama warns of worst case scenario

Jul 26, 2011
After months of debate, only two debt plans are currently on the table: a Democratic plan that avoids cutting Medicare and Social Security, and the Republican plan to raise the debt ceiling in stages.

Obama calls for a 'balanced approach' to solving debt crisis

Jul 25, 2011
As the deadline nears on reaching a deal to raise the debt ceiling, Obama presses on Congress in rare prime-time address