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Tag Archives: debt limit

IMF: U.S. debt default would shake global economy

WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday. But Jose Vinals, the ...

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Government health and safety efforts slowed or halted

WASHINGTON — The government shutdown has slowed or halted federal efforts to protect Americans’ health and safety, from probes into the cause of transportation and workplace accidents to tracking the flu. The latest example: investigating an outbreak of salmonella in ...

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White House open to short-term hike in debt limit

WASHINGTON — Senate Democrats intend to introduce legislation by mid-week to raise the nation’s debt limit without the type of unrelated conditions Republicans have said they intend to seek, officials said Monday, as the White House signaled it would accept ...

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Study: U.S. could default as early as Oct. 18

WASHINGTON — The United States could default on its obligations as early as Oct. 18 if Washington fails to agree on legislation to raise the government’s borrowing cap, a new study predicted Tuesday. The Bipartisan Policy Center analysis says the ...

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U.S. Treasury takes step to avoid hitting debt limit

WASHINGTON — The federal government says it will temporarily suspend sales of U.S. Treasury securities to state and local governments at noon on Friday, the first step to avoid breaching the nation’s borrowing limit. The move announced Wednesday by Treasury ...

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Md. panel recommends raising debt limit $150M

ANNAPOLIS — A Maryland panel on Monday recommended raising the state’s debt limit by $150 million in the next fiscal year. The state’s Capital Debt Affordability Committee voted 4-1 to allow the state to increase it from the current limit ...

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6th District brawl main event in House races

WASHINGTON — Candidates in Maryland’s 6th Congressional District focused their last-minute campaigning mainly on Montgomery and Frederick counties Tuesday as voters went to the polls to choose their parties’ nominees. The western Maryland district, a longtime GOP stronghold, was drastically ...

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