Obama Proposes $3 Tn Deficit Cut Plan. $1.5 trillion of this in Tax Revenue
The $3 trillion deficit reduction plan to be put forth by U.S President Barack Obama on Monday will include generating half of this, i.e., $1.5 trillion, through new tax revenue ac
Latest Debt Ceiling Plan Unsettles Democrats
The deal that U.S President Barack Obama and Republican House speaker John Boehner seem to be closing in on has reportedly evoked harsh reactions from the Democratic Party in relat
U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold
With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could also be an indication of a mark
Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts
Are we looking at a U.S Default Scenario ? With the August 2 deadline looming ahead, U.S President Barack Obama met with congressional leaders on Sunday night, with the agenda of a
