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• Select U.S. Hits Debt Ceiling.

  1

  U.S. Hits Debt Ceiling.

  Author:Hannah MurphyFrom:UWIRE Text

  Feb. 16, 2023427 words Article 1320LByline: Hannah Murphy The federal government hit the debt ceiling on January 19th, prompting a scramble to keep paying its bills and a political battle in Congress that could have serious economic consequences. When...
• Select OUTRAGEOUS -- BIDEN REFUSES TO NEGOTIATE ON THE DEBT CEILING.

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  OUTRAGEOUS -- BIDEN REFUSES TO NEGOTIATE ON THE DEBT CEILING.

  From:States News Service

  Jan. 30, 2023297 words Brief article 1070LALEXANDRIA, Virginia -- The following information was released by the 60 Plus Association: Outrageous -- Biden Refuses to Negotiate on the Debt Ceiling: The arrogance of President Biden and the Democrats to...
• Select Ottawa must refind its fiscal religion; This government is fond of throwing around words like 'fiscally prudent,' but has never had a particularly voracious appetite for it.

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  Ottawa must refind its fiscal religion; This government is fond of throwing around words like 'fiscally prudent,' but has never had a particularly voracious appetite for it.

  Author:David ParkinsonFrom:Globe & Mail (Toronto, Canada)

  Jan. 30, 2023873 words Article 1220LByline: DAVID PARKINSON; Staff When it comes to fiscal discipline, the federal Liberal government has often acted like a lapsed churchgoer. It knows all the right things to say. It might even believe in those things,...
• Select CRAPO AND RISCH: MEANINGFUL REFORMS AND SPENDING CUTS NEEDED.

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  CRAPO AND RISCH: MEANINGFUL REFORMS AND SPENDING CUTS NEEDED.

  From:States News Service

  Jan. 30, 2023274 words Brief article 1520LWASHINGTON, D.C. -- The following information was released by Idaho Senator Mike Crapo: U.S. Senators Mike Crapo and Jim Risch (both R-Idaho), along with 22 Senate colleagues, sent a letter to President Biden opposing...
• Select RISCH AND CRAPO: MEANINGFUL REFORMS AND SPENDING CUTS NEEDED.

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  RISCH AND CRAPO: MEANINGFUL REFORMS AND SPENDING CUTS NEEDED.

  From:States News Service

  Jan. 30, 2023265 words Brief article 1500LWASHINGTON -- The following information was released by Idaho Sen. James E. Risch: U.S. Senators Jim Risch and Mike Crapo (both R-Idaho) along with 22 Senate colleagues sent a letter to President Biden opposing any...
• Select How The U.S. Treasury Can Pay All Its Bills Without Raising The Debt Limit: One outdated law stands in the way of the Treasury accessing a source of revenue it already owns--a classic asset that could potentially be worth half a trillion dollars.

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  How The U.S. Treasury Can Pay All Its Bills Without Raising The Debt Limit: One outdated law stands in the way of the Treasury accessing a source of revenue it already owns--a classic asset that could potentially be worth half a trillion dollars.

  Authors:Alex J. Pollock and Paul H. KupiecFrom:The Hill (Vol. 30, Issue 5)

  Jan. 26, 2023775 words Article 1260LThe news is filled with dire warnings of what ing and the U.S. Treasury-defaults on its debt. Conservative House Republicans in the new Congress have promised to block any increase in the debt ceiling without an...
• Select Please Don't Feed the Debt Scolds.

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  Please Don't Feed the Debt Scolds.

  Author:Paul KrugmanFrom:The New York Times

  Jan. 24, 2023948 words Viewpoint essay 1170LIn March 2011 Erskine Bowles and Alan Simpson, chairs of a White House deficit-reduction commission, issued a frightening warning about U.S. government debt. Unless America took major steps to rein in future deficits,...
• Select Congress approves Abinader government's budget for 2023.

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  Congress approves Abinader government's budget for 2023.

  From:Economist Intelligence Unit: Country ViewsWire

  Dec. 19, 2022908 words Article 1580LIn mid-December Congress approved the budget for 2023, which projects a narrower non-financial public-sector (NFPS) fiscal deficit of 3% of GDP (EIU estimates a deficit of 3.5% of GDP in 2022). The government of the...
• Select New premier should save the budget surplus, resurrect rainy-day fund.

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  New premier should save the budget surplus, resurrect rainy-day fund.

  Author:Tegan HillFrom:Globe & Mail (Toronto, Canada)

  Oct. 11, 2022498 words Article 1490LByline: TEGAN HILL Senior economist with the Fraser Institute During the United Conservative Party's leadership race, Danielle Smith's campaign focused largely on an Alberta sovereignty act. But now that she's been...
• Select Fiscal policy loosening still off the table in Australia.

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  Fiscal policy loosening still off the table in Australia.

  From:Economist Intelligence Unit: Country ViewsWire

  Sept. 28, 2022437 words Article 1540LWhat's happened? On September 28th the Treasury reported its final figures for fiscal year 2021/22 (July-June). The government recorded a budget deficit of A$32bn (US$22.8bn), equivalent to 1.4% of GDP-a much narrower...
• Select Kenya: House Raises Debt Ceiling to Sh10 Trillion as Budget Deficit Nears Sh1 Trillion.

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  Kenya: House Raises Debt Ceiling to Sh10 Trillion as Budget Deficit Nears Sh1 Trillion.

  From:allAfrica.com

  June 7, 2022190 words Brief article 2140LByline: Laban Wanambisi Nairobi -- Members of Parliament have approved Treasury's proposal to raise the debt ceiling to Sh10 trillion. House Majority Leader Amos Kimunya said on Tuesday this will allow the National...
• Select ALP warns of long, hard battle to fix budget woes.

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  ALP warns of long, hard battle to fix budget woes.

  From:The Sydney Morning Herald (Sydney, Australia)

  May 28, 2022135 words Brief article 1400LByline: Rachel Clun | Economics correspondent Labor faces substantial challenges to rein in the rising costs of defence, health, aged care and the NDIS as it prepares for its first budget, with Finance Minister Katy...
• Select The Liberals are clueless about growth.

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  The Liberals are clueless about growth.

  Author:Andrew CoyneFrom:Globe & Mail (Toronto, Canada)

  Apr. 9, 20221,452 words Article 1290LByline: ANDREW COYNE; Staff The Trudeau government plainly intends this budget to be taken as the moment it pivoted from "stimulus" to "investment," or from boosting demand, the total amount of spending in the economy,...
• Select Namibia: Redirected Revenue Increases to Address High Debt... As Public Debt Increases to N$140 Billion or 71 Percent of GDP.

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  Namibia: Redirected Revenue Increases to Address High Debt... As Public Debt Increases to N$140 Billion or 71 Percent of GDP.

  From:allAfrica.com

  Mar. 1, 2022640 words Article 1540LWhen finance minister Iipumbu Shiimi tabled the 2022/23 national budget last week, he said the budget deficit is projected to reduce to about 5.6% of GDP in the coming financial year. Over the medium-term expenditure...
• Select Fiscal consolidation gets back on track in Serbia.

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  Fiscal consolidation gets back on track in Serbia.

  From:Economist Intelligence Unit: Country ViewsWire

  Feb. 21, 2022913 words Article 1430LThe Serbian economy has weathered the covid-19 pandemic better than many peer countries, with real GDP falling by a relatively modest 0.9% in 2020 and then rebounding strongly by 7.5% in 2021. As a result economic...
• Select Study Results from Transilvania University Broaden Understanding of Economics (The Effect of Fiscal Policy Measures on the Budget Deficit).

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  Study Results from Transilvania University Broaden Understanding of Economics (The Effect of Fiscal Policy Measures on the Budget Deficit).

  From:Medical Patent Law Weekly

  Feb. 16, 2022320 words Report, Brief articl... 1310L2022 FEB 16 (NewsRx) -- By a News Reporter-Staff News Editor at Medical Patent Law Weekly -- Investigators publish new report on economics. According to news reporting originating from Transilvania University by NewsRx...
• Select National Debt Breaks Record At $30 Trillion.

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  National Debt Breaks Record At $30 Trillion.

  Author:Alan RappeportFrom:The New York Times

  Feb. 2, 20221,438 words Article 1560LThe record red ink, fueled by spending to combat the coronavirus, comes as interest rates are expected to rise, which could add to America's costs. WASHINGTON -- America's gross national debt topped $30 trillion for...
• Select LANKFORD STRONGLY OPPOSES GIMMICK TO RAISE DEBT CEILING.

  18

  LANKFORD STRONGLY OPPOSES GIMMICK TO RAISE DEBT CEILING.

  From:States News Service

  Dec. 9, 2021309 words Brief article 1300LWASHINGTON, D.C. -- The following information was released by Oklahoma Senator James Lankford: Senator James Lankford (R-OK) issued the following statement after the Senate voted to create a new process to increase the...
• Select Province's coffers are now flush with oil cash. So why doesn't it feel like a boom? OPINION.

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  Province's coffers are now flush with oil cash. So why doesn't it feel like a boom? OPINION.

  Author:Andrew LeachFrom:Globe & Mail (Toronto, Canada)

  Dec. 6, 2021816 words Article 1210LByline: ANDREW LEACH Lead Energy and environmental economist and associate professor at the University of Alberta's Alberta School of Business Alberta is on a bit of a roll. Last week's fiscal update from the...
• Select Differing approaches to fiscal consolidation across Europe.

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  Differing approaches to fiscal consolidation across Europe.

  From:Economist Intelligence Unit: Country ViewsWire

  Oct. 29, 2021512 words Article 1520LThe coronavirus suspended the long-standing debate in the region over compliance with common fiscal rules, with the Commission suspending the SGP, which establishes a maximum ceiling for budget deficits and public debt,...