House, Senate Consider Different Tacks to Increasing Debt Limit
- Bond managers not fazed by `train wreck' scenario. Chernoff, Joel; Limbacher, Patricia B. // Pensions & Investments;9/18/1995, Vol. 23 Issue 19, p3
Reports on the budget and debt ceiling negotiations between the US Congress and President Bill Clinton's administration. Consequences of failure in the negotiations; Global bond managers' reactions; Focus on the country's economic growth rates.
- President Clinton requests boost to nation's statutory debt limit. Auer, Robert // Indianapolis Business Journal;02/21/2000, Vol. 20 Issue 50, p40
Focuses on United States President Bill Clinton's call for an increase in the country's debt limit. Budget surplus of the government; Types of federal debt obligations; Retirement funds' placement of treasury debt to government trusts.
- As the deficit fades, what about the debt? Thurman, James Skip // Christian Science Monitor;2/3/98, Vol. 90 Issue 47, p3
Notes that most politicians in the United States would prefer to spend the predicted budget surplus for 1998 than to use it to pay off the national debt, which is over $5 trillion. The debate in Congress about how to use the $9.5 billion surplus; How the unpaid debt affects average tax payers;...
- Dateline 2020: `Every family of four owes Uncle Sam $3000,000!'. Lambro, Donald // Human Events;8/4/95, Vol. 51 Issue 30, p17
Reports that the total federal liabilities of all kinds will exceed $20 trillion by the end of this century, imposing a debt of nearly $300,000 on every family of four in the US. Differences in the House and Senate regarding the budget amendment; Need of the public to know about budget...
- National `debt clock' begins tour. // Fairfield County Business Journal;6/26/95, Vol. 34 Issue 26, p6
Reports that the electronic scoreboard called the National Debt Clock sponsored by The Concord Coalition which is on a tour around the United States allows citizens to exactly see how fast the federal government is spending taxpayers' money. Description of the clock; Goals of the Coalition;...
- FEDERAL REVENUE AND SPENDING: 1789-1962. // Congressional Digest;Apr63, Vol. 42 Issue 4, p104
Presents a list detailing federal revenue and expenditure from 1789 to 1962 under various regime of U.S. administrations. Figures of revenue and expenditure since 1789; Number of population growth during these fiscal years; Growth of public debt.
- Using the US Surplus Wisely. // Christian Science Monitor;1/12/99, Vol. 91 Issue 32, p10
Editorial. Asserts that the expected $76 billion federal budget surplus should be spent paying down the United States national debt. Calls by President Bill Clinton to use the funds to save Social Security; Other projects considered for the money; Clinton's prior inactivity in trying to save...
- THE PROPOSED BUDGET FOR FISCAL 1964. // Congressional Digest;Apr63, Vol. 42 Issue 4, p102
Presents a report on the proposed budget for fiscal year 1964 in the U.S. Anticipation of revenue and public expenditure; Incidence and impact of public debt; Effects of budget deficit on the U.S. economy; Significance of federal trust funds in minimizing the budget deficit.
- My two cents on the 2010 election. Betancourt, Paul H. // Business Journal Serving Fresno & the Central San Joaquin Valley;11/12/2010, Issue 324256, p30
The article argues against the implementation of the proposition 25 in which the California Legislature can pass state budget without gaining majority approval, and the decision of the U.S. Federal government to print more money to buy old treasury debt.