Debt Ceiling & Auto Loans

Debt Ceiling & Auto Loans

New York City : NY : USA | Jul 30, 2011 at 6:52 PM PDT
Source: KION
Views: Pending
Time is running out on a deal to raise the debt ceiling.  Saturday night, Democrats and Republicans can't even agree if they're getting close. Earlier Saturday the House defeated Senate Majority Leader, Harry Reid's bill that would raise the nation's 14.3 trillion debt limit by 2.4 trillion,... FULL ARTICLE AT KION
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Senate Majority Leader Harry Reid
Senate Majority Leader Harry Reid
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News Stories

  • Debt-ceiling compromise taking shape: What's in it?

      The Christian Science Monitor
    The details of an emerging debt-ceiling compromise are unconfirmed and could change, but they appear currently to involve parts of Sen. Mitch McConnell's 'last choice' option, as well as a trigger to ensure promised spending cuts take place.
  • Lawmakers close to deal to avoid default

      Moreover Silicon Valley
    U.S. lawmakers were close to a last-minute $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure financial markets that the United States will avoid a potentially catastrophic default. "We're very close," said Senate Minority Leader...
  • McConnell Says Very Close To Deal On Debt Ceiling

    Senate Republican leader Mitch McConnell says negotiators are "very close" to nailing down an agreement that would avert a default of the nation's debt obligations. McConnell tells CNN's "State of the Union" that lawmakers are looking at a $3...
  • Debt deal negotiators getting close

    We've made dramatic progress,' said Mitch McConnell, left, of a deal to raise the debt ceiling. Close The White House and Republican leaders are closing in on a debt ceiling deal giving President Barack Obama greater certainty in managing the...
  • Debt means no Sunday rest in Washington

      United Press International
    The halls of Congress were busy Sunday morning as U.S. lawmakers prepared to debate a compromise bill averting a federal debt default Tuesday. Senate Majority Leader Harry Reid , D-Nev., said the upper house would convene at noon and vote at 1 p.m.
  • US budget talks reach tenative framework deal: Report

      The Economic Times
    U.S. budget negotiators have reached a tentative agreement on a framework package to raise the debt limit and cut the federal deficit, ABC News reported on Sunday. Quoting unidentified congressional sources, ABC said the deal would raise the debt...



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