Por: The Hill Politics May 13, 2023
The Congressional Budget Office (CBO) issued a report Friday updating its projected timeline for when the nation risks defaulting on its debt, estimating the federal government’s deadline could now be the “first two weeks of June.” The nonpartisan budget scorekeeper warned Friday morning that there is greater risk the Treasury Department is on track to exhausting the “extraordinary measures” it’s been taking since January to... + full article
MarketWatch USA Business April 14, 2023
While debt holders of these defaulting companies are getting hurt now, the trend has broader implications. Corporate default is viewed as a sign of the economy and financial system’s health, and a rising rate could impact investor sentiment, stock prices, and even lenders’... + más
Junk-bond defaults eclipse past two years in 3 months as Wall Street braces for credit crunch | MarketWatch
Microsoft wants changing default apps in Windows to be less of a mess | Ars Technica
The Hill USA Business February 27, 2023
You don’t need to get very far into the new issued by the Congressional Budget Office (CBO) last week to discover that this report is a punch in the gut. The first sentence of the overview section bluntly , ”annual deficits over the 2024-2033 period average $2.0... + más
CBO warns of potential for U.S. default between July and September, as debt-limit standoff persists | MarketWatch
MarketWatch USA Business February 15, 2023
The CBO said its projection of the cumulative deficit over the 2023–2032 period is now $3.1 trillion more than its earlier estimate, “largely because of newly enacted legislation and changes in CBO’s economic forecast, including higher projected inflation and interest... + más
CBO’s bleak 2023 outlook: High inflation, slower growth, larger budget deficit | Fox Business
MarketWatch USA Politics February 15, 2023
Fox Business USA Business December 01, 2022
Main Street Asset Management CIO Erin Gibbs and Geltrude & Co. founder Dan Geltrude debate Fed Chair Jerome Powell's inflation strategy on 'Cavuto: Coast to Coast.' will lead to slow economic growth, reduced purchasing power for families and larger budget... + más
Biden student loan handout to cost more than $400 billion: CBO | Fox News
If you think the deficit is bad now, it will soon get worse | The Hill
Los Angeles Times USA Business September 28, 2022
The Congressional Budget Office has released its long-awaited estimate of the cost of President Biden's student debt relief program, and as expected, it looks like a big number: $420 billion. In its raw form, the figure evokes the line often attributed (perhaps... + más
Cost of canceling student debt: Roughly $400 billion, CBO says | Portland Press Herald
Biden’s Student Debt Forgiveness Plan Will Cost $400 Billion, CBO Finds | Forbes
Fox News USA Politics September 26, 2022
move to cancel up to $10,000 in student loans for many borrowers — and up to $20,000 for others — will cost more than $400 billion, according to the nonpartisan Congressional Budget Office (CBO).CBO estimates that the cost of student loans will increase by about an... + más
Column: Student debt relief might cost $420 billion. That's a bargain | Los Angeles Times
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