Quantcast

Tag Archives: treasury secretary timothy geithner

Life of Social Security trust funds loses 3 years

WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...

Read More »

Obama wants to target oil market manipulation

WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House response to determined Republican attacks on administration energy policies amid high gas prices at the ...

Read More »

Treasury confirms deadline for raising debt limit

WASHINGTON — The Treasury Department says Congress has one month to raise the nation’s borrowing limit or the government will default on its debt. Treasury officials are confirming the Aug. 2 deadline in a monthly update that assesses the nation’s ...

Read More »

House to reject debt limit increase without cuts

WASHINGTON — The GOP-led House is poised to reject a bill Tuesday to increase the nation’s debt limit without the big spending cuts that Republicans are demanding. The move is intended as an embarrassing reminder to Democrats that increasing the ...

Read More »