When over the weekend, a Xerox “glitch” shut down the EBT system, better known as foodstamps, for nearly the entire…
Browsing: Debt
If the US debt-ceiling debate goes past the eleventh hour, and the default of the world’s largest economy becomes a…
A Grand Inquisitor’s villa, a Pope’s fort and a Venetian island will be sold off to fill Italy’s depleted state…
Hong Kong has sent the first sign from Asia that the region is creating extra financial buffers against a possible…
As the Government shutdown in the US enters its second week, the country is just 10-days away from default, and…
The US government default caused by the ongoing budget standoff in the Congress could have a “catastrophic” effect on the…
The United States Federal Reserve has set a new record, but it’s not one exactly worth celebrating. For the first…
The US Treasury has already exceeded the federal legal borrowing limit of $16.7 trillion in May. That signals the main…
The US Air Force has announced that many of its combat aircraft, including bombers and fighters, will start flying again…
Detroit said it will stop making payment on $2.5 billion of the city’s massive $18.5 billion debt and has asked…
Elizabeth Harrington CNS News President Barack Obama says Democrats “don’t want to tax all businesses out of business.” “I know…
Judging by budget proposals released by the White House, Barack Obama might become be the first US president in history…
Jeff Berwick Activist Post Welcome to the new United States. Socialism always has the same predictable process. Once the government…
The estimated 50 million Americans already living in poverty will be hit hardest by the $85 billion in spending cuts…
Sorry, kid. No money, no lunch. Students at an Attleboro, Massachusetts, middle school went hungry this week, if they had…
The United States is roughly $17 trillion in debt, but President Barack Obama says there’s no reason to worry. Speaking…
By Kevin Cirilli Sarah Palin says America will eventually default on its debt and claims that the federal government is…
By Michael Snyder Is “discretionary income” rapidly becoming a thing of the past for most American families? Right now,…