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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 67-77
  • Defense employees frustrated by furloughs

    Defense employees frustrated by furloughs
    Mary Theresa Nipwoda, a lab technician at Aberdeen Proving Ground, did what she could to prepare for the 20 percent pay cut she knew was coming this week. The Harford County woman, who earns about $67,000 annually, switched her prescription...
  • Budget cuts and the politics of research

    Budget cuts and the politics of research
    Here's another reason the dysfunctional federal budget process is bad for Americans: besides hurting the economy and hitting us in the pocketbook, partisan feuding over budget cuts could undermine our health and even shorten our lives. That's because...
  • Moody's upgrades U.S. credit rating outlook as budget deficit falls

    Moody's upgrades U.S. credit rating outlook as budget deficit falls
    WASHINGTON -- The shrinking budget deficit and improving economy has led Moody's Investor Services to affirm the nation's AAA credit rating and upgrade the outlook for government debt to stable from a negative watch that could have led to a downgrade....
  • Senator Cardin: You are the reason sequestration is necessary

    Senator Cardin: You are the reason sequestration is necessary
    Sen. Ben Cardin writes that budget cuts that went into effect on March 1 are hurting Maryland ("Pain of sequestration is real," July 22. He lists a number of federal institutions in Maryland that are impacted by the so-called sequestration. His solution...
  • 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...