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Tag Archives: US Debt
Sen. Bernie Sanders Statement on the Debt Deal
Sunday, July 31, 2011 Sen. Bernie Sanders (I-VT) Statement on Senate Debt Deal: “The Republicans have been absolutely determined to make certain that the rich and large corporations not contribute one penny for deficit reduction, and that all of the … Continue reading
Posted in News, Politics, Sen. Bernie Sanders, U.S. Senate, US Debt
Tagged News, Politics, Sen. Bernie Sanders, U.S. Senate, US Debt
5 Comments
China Has Divested 97 Percent of Its Holdings in US Treasury Bills
Saturday, June 4, 2011 President Obama and President Hu Jintao of China During a State Dinner on Jan. 19, 2011 China has dropped 97 percent of its holdings in US Treasury bills, decreasing its ownership of the short-term US government securities from … Continue reading
Posted in China, International News, News, U.S. Economy, US Debt
Tagged China, International News, News, U.S. Economy, US Debt
18 Comments
U.S. Government Owes a Record $63.8 Trillion
Saturday, May 30, 2009 The U.S. government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion. This staggering amount that translates into $546,668 per household according to a USA TODAY analysis. … Continue reading
U.S. Debt Reaches $455,000 per Household
Friday, July 18, 2008 Nothing like a borrow-and-spend, neoconservative, Republican administration, addicted to war and to providing tax cuts to the upper 1% of wage earners, to destroy the U.S. economy. That’s right. I’m talking about George W. Bush. According … Continue reading
The Mighty Euro
Thursday, July 3, 2008 Back in 1998, American hubris was at an all time high. U.S. lawmakers dismissed the excitement surrounding the launch of European monetary union — the Euro. Arrogant Americans called it “a silly attempt to imitate the … Continue reading