Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts

Obama, Republicans Deadlocked over Debt Ceiling & Spending Cuts

By Jay Raol - Jul 11, 2011

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

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Timothy Geithner: Raise U.S Debt Ceiling or Risk Default

Timothy Geithner: Raise U.S Debt Ceiling or Risk Default

By Vrushti Mawani - May 18, 2011

With the United States having officially hit the debt ceiling last Monday, Timothy Geithner, U.S Treasury Secretary has told Congress that in order to enable the government to con

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