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President Obama's Rocky Year Falls Far Short Of Ambitions
President Obama heads to Hawaii on Friday. He goes there for Christmas every year and always talks about how good it is to get away from Washington. This year, that's likely to be especially true. It's been a rough year for the president, starting with the very first hours of 2013. One year ago, when the ball dropped on Times Square and people sang "Auld Lang Syne," Obama was supposed to be in ... Read News
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(FAILING)-The Debt Ceiling - YouTube
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GOP Wants Another Debt Limit Showdown, After October's Huge Success
On February 7, 2014, or thereabouts, the debt ceiling needs to be raised. Over the weekend, Wisconsin Rep. Paul Ryan admitted to Fox News what everyone feared: the Republicans are preparing to demand concessions in the upcoming debt ceiling fight. "We as a caucus, along with our Senate counterparts, are going to meet and discuss what it is we want to get out of the debt limit," he said, as ... Read News
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Will America Ever Pay Off Its Debt - 3 2 1 G O L D
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(revised 11/30/99) Lecture 16: Government Debt (chapter 15)
Spending on military. expenditure and pay debt with interest. Combine to get government intertemporal budget constraint: T2 = (1+r)(G1-T1) + G2 T1 + T2/(1+r) = G1 + G2/(1+r) ∆T cancels out, and have same budget constraint. ... Fetch Doc
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