Economy Feb 18 President Obama Creates National Commission on Debt Reduction President Obama Thursday morning signed an executive order to create a commission tasked with helping the nation reduce its debt. Mr. Obama selected Erskine Bowles and Alan Simpson to head the commission, the National Commission on Fiscal Responsibility… By Quinn Bowman
Politics Dec 24 Congress OKs $290 Billion More in Government Debt The government will have another $290 billion to last it through February after the Senate voted today to raise the federal debt ceiling to around $12.4 trillion. The Treasury Department had warned the government would run out of cash if…
Economy Dec 10 Watch Investors Turn to Low-risk Securities With Little Return As economic turmoil continues to rock the financial market, some investors are more willing to buy U.S. Treasury securities with low or zero yields in the short term. Analysts examine how the struggling economy is driving investors to minimal-risk investments.