Half of Student Debt Holders Worry They Can’t Pay
While other types of debt have fallen since the recession, student loan debt has increased, and consumers are struggling to meet those obligations, according to a report published in June by the Urban Institute.
Congress Gets Ready to Tackle Tax Reform, Budget
Congress is abuzz with activity this week as lawmakers start overhauling the tax code and plan to finish a continuing resolution to fund the government.
In State of the Union, Obama Calls for ‘Smarter’ Government
"It’s not a bigger government we need," said President Barack Obama in his State of the Union address Tuesday, "but a smarter government that sets priorities and invests in broad-based growth.”
Obama Says Cliff Deal ‘in Sight’
Speaking from the White House, President Obama said Monday afternoon that a deal to avert the fiscal cliff--at least making sure taxes don't go up on middle class Americans--is "in sight."
On Year's Final Trading Day, Markets Calm Despite Cliff
European, Asian indexes rise significantly for the year, with hopes remaining that some kind of deal still can be made in U.S.
Senate Pushes House on Fiscal Cliff
Speaker of the House John Boehner called for Congess to reconvene on Sunday.
Geithner: Debt Ceiling Will Be Reached on New Year’s Eve
Let the hangover metaphors begin.
Hope Dims for Fiscal Cliff Deal Before Christmas
A Christmas miracle on the fiscal cliff faltered after House Speaker John Boehner called an abrupt recess for the House, handing responsibility for a deal to President Obama and the Democrats.
Lawmakers Head Back to Work With Fiscal Cliff Looming
El-Erian and Lieber of Washington Analysis weigh in on the proper course to avert automatic cuts on Jan. 1.
Obama on Fiscal Cliff: ‘I’ll Compromise,’ but Not on Taxing Top Earners
Addressing the looming fiscal cliff, President Obama said Friday that while he’s not “wedded” to every detail of the plan he put forward previously to reduce the deficit, he will not compromise when it comes to making sure the top earners pay their fair share.