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The debt bill passes both Senate and House and the debt crises is over. President Obama has signed off on it, with no time to spare. The vote from the Senate was 74-26 with 60 votes needed to pass it. On Monday, the House vote was 269-161 to raise the debt ceiling. The country was [...]
Tonight, President Obama announced that an agreement has been reached between both parties that will keep the country from defaulting on debt obligations. Neither democrats nor republicans got what they wanted out of the deal, but compromises were definitely made. According to one news source, the plan is to raise the debt ceiling while cutting [...]
Our debt ceiling, which is 14.3 trillion dollars, for the U.S. Government is going to be reached on August 2nd and talks between John Boehner and President Obama have broken down.Our governments spends more than it makes and there is a law on the books which was first passed in 1917 that caps the federal [...]
According to the Federal Election Commission, John Edwards must pay back 2.3 dollars to the treasury. The commission decided to order the repayment when federal auditors said all but around 200,000 dollars came from federal matching funds that the Edwards Campaign received. The campaign received 13 million during the campaign but Edwards dropped out of [...]
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