Get your Fiscal House in Order: China Warns US as Superpower Expresses Concern for $1.3tn of Investments
‘Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline.
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‘Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline.
When it comes to worrying over a possible debt default, Wall Street is brushing off President Barack Obama’s warnings and focusing its attention instead on Congress.
From the emotional headlines, you would think America is in dire straights from a government “shutdown.” But as usual the truth is masked by the headlines and can be found in the print of the details.
A group of truck drivers are planning to protest the federal government by backing up the Capital Beltway around Washington, D.C.
The ground war over Obamacare — the one that will determine whether people sign up — will be won and lost in places like Texas.
A Wisconsin college professor warned her students they wouldn’t be able to get all of their homework done because of the partial government shutdown, and put a partisan spin on the bad news.
Fiscal hawks say the silver lining to the partial government shutdown, which is entering its second week of scaled-back services, could be the picture of government waste it paints for taxpayers.
While the Treasury Department has continued its basic operations since the government “shutdown” last Tuesday–collecting tens of billions in taxes and spending even more–the Office of the Treasury Inspector General for Tax Administration (TIGTA), which conducts audits and investigations of the IRS, and which uncovered the IRS’s targeting of Tea Party groups, has been “shut down.”
The Obama administration is gushing that Obamacare will change the lives of three uninsured women – but none of the women have actually enrolled in the program.
The government shutdown may be keeping furloughed federal workers at home, but on Monday the U.S. Army contracted to buy a mechanical bull.
