Tag Archives: Debt

A Grand Bargain

Good speech. Stronger than usual. Four trillion from the deficit in a decade. Two trillion from spending cuts, one trillion from tax revenue increases, and one trillion in savings on interest payments. Seems credible. The four main points to get … Continue reading

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Nothing is Certain but Debt and Taxes

This debate on debt and federal spending has me wondering if anyone pays attention to U.S. history. With today marking the 150th anniversary of the attack on Ft. Sumpter, the event which unleashed four years of civil war, I thought it would … Continue reading

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Shutdown (cont.)

Just another quick thought on the shutdown and interest rates. If the market determines interest rates based on risk, than a shutdown would only serve to strengthen perceptions that we are serious about tackling our deficit and debt problem. Why would … Continue reading

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