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Government Debt

A collection of news and information related to Government Debt published by this site and its partners.

Top Government Debt Articles

Displaying items 34-44
  • Fed communication, timing key to reduce risk of stimulus exit: IMF

    Fed communication, timing key to reduce risk of stimulus exit: IMF
    WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday. With Fed policymakers set to...
  • Further deep budget cuts will hurt economy, Interior secretary says

    Further deep budget cuts will hurt economy, Interior secretary says
    WASHINGTON -- Officials from the Obama administration are taking their case against proposed deep budget cuts advancing in Congress to the public, warning that they would hurt the economy and inhibit the government’s ability to enforce popular laws....
  • Detroit bankruptcy sends tremors through China

    Detroit bankruptcy sends tremors through China
    BEIJING -- Detroit’s deep financial difficulties may have prompted China to look more closely at its own debt risk. On Sunday, the Chinese government announced that it would be undertaking a comprehensive audit of local debt in China, an issue...
  • City budget hole next year pegged at $339 million

    City budget hole next year pegged at $339 million
    The day of financial reckoning for Chicago is not far off, with the city budget shortfall expected to near a record $1 billion in 2015 if major changes are not made to the government worker pension systems, city officials said Wednesday. That stark...
  • Cuts to federal defenders undermine judicial system

    As Americans, we all agree that everyone should get a fair hearing in our nation's courtrooms. Public defenders — lawyers assigned to those unable to afford one — ensure that every American's right to legal counsel, and a fair trial, is...
  • CPS gives pink slips to 200 lunchroom workers

    CPS gives pink slips to 200 lunchroom workers
    Chicago Public Schools began laying off 200 lunchroom workers Friday in the latest round of pink slips issued by the cash-strapped district. CPS officials said in  a press release that the layoffs would save $4 million and are part of  “an...
  • Social Security without permanent leader

    Social Security without permanent leader
    Six months after former Social Security Administration commissioner Michael J. Astrue left his post, the Obama administration has yet to nominate a replacement — leaving a leadership gap as the agency wrestles with shrinking budgets and hard...
  • Santa Ana hires Phoenix's city manager for $500,000

    Santa Ana hires Phoenix's city manager for $500,000
    The city of Santa Ana has hired away Phoenix's city manager and has agreed to a salary and benefits package of more than $500,000, making him one of the highest paid city employees in California. David Cavazos is a long-time Phoenix city employee who...
  • Pentagon cuts civilian furlough days

    Pentagon cuts civilian furlough days
    The Pentagon on Tuesday cut the number of furlough days for 650,000 Defense Department civilians from 11 to six — a welcome surprise for workers who have been saddled with a 20 percent pay cut since early July. But defense officials and some...
  • Tesla Motors' second-quarter operating profit sends shares soaring

    Tesla Motors' second-quarter operating profit sends shares soaring
    Tesla Motors Inc. shares soared in after-hours trading after the Palo Alto automaker reported a surprise operating profit in its automotive operations. Excluding one-time expenses, the maker of high-end electric cars squeezed out an operating profit...
  • Glendale standardized test scores dip

    Glendale schools experienced a slight dip in test scores in English and math, keeping pace with a statewide trend that some education officials blame on drastic budget cuts in school districts throughout California. In Glendale, 70% of students tested...