SermonIndex Audio Sermons
Image Map
Discussion Forum : News and Current Events :  As Debt Limit Reached, Agreement Still Far Off

Print Thread (PDF)

PosterThread
sermonindex
Moderator



Joined: 2002/12/11
Posts: 37633
"Pilgrim and Sojourner." - 1 Peter 2:11

Online!
  As Debt Limit Reached, Agreement Still Far Off


The U.S. government is expected to hit the $14.294 trillion debt ceiling Monday, setting in motion an uncertain, 11-week political scramble to avoid a default.
The Treasury Department said Monday it will stop issuing and reinvesting government securities in certain government pension plans, part of a series of steps designed to delay a default until Aug. 2.

The Treasury's moves buy time for the White House and congressional leaders to reach a deficit-reduction agreement that could clear the way for enough lawmakers to vote to raise the amount of money Congress allows the nation to borrow. ...

read more: http://online.wsj.com/article/SB10001424052748703421204576325583050561022.html


_________________
SI Moderator - Greg Gordon

 2011/5/17 12:01Profile





©2002-2020 SermonIndex.net
Promoting Genuine Biblical Revival.
Affiliate Disclosure | Privacy Policy