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Showing posts with label the debt. Show all posts
Showing posts with label the debt. Show all posts

Saturday, May 7, 2011

The debt ceiling: raise it again?

The debt ceiling: raise it again?


Raising the debt ceiling is nothing new for America. Yet, regardless, the majority of the country opposes raising the limit for the tenth time in just as many years. Is it just protocol at this point or can it help our waning economy? Charlie McGrath speaks out on the debt ceiling and what other options exist.



Raising the debt ceiling is raising suspicion

Raising the debt ceiling is raising suspicion

Congress has raised the debt limit ten times in the last ten years, so what's one more adjustment to the ceiling? Edward Harrison of CreditBreakdown.com says America could face an Armageddon scenario if a change isn't made, even if the majority of Americans oppose an adjustment as the debt reaches 14 trillion dollars and counting.

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