S&P Credit Downgrade Impact
  • Want Your Own Home? Here’s How to Do the Math

    By Cathy Curtis, CNBC

    It seems nothing can stop Americans from wanting to buy their own homes. It's almost as if the credit crisis didn't happen, even though not too long ago we were bombarded daily with stories about...

  • Budget Brawl Could Sideswipe Fed Plans to Taper

    By Josh Boak, The Fiscal Times

    The Federal Reserve appears ready to tap the brakes on its monthly $85 billion bond-buying program, even though the jobs picture still looks dismal and an upcoming federal budget showdown could...

  • How It Took 35 Years to Wreck the U.S. Economy

    By Nick Gillespie, Reason

    The chart below put together by my frequent collaborator Veronique de Rugy is, simply put, terrifying. It shows the growth in inflation-adjusted federal outlays per capita. So what you're looking at...

  • How to Build a Guard Rail around the Fiscal Cliff

    By David M Walker, The Fiscal Times

    Op-ed : The “ fiscal cliff ” is quickly approaching, but President Obama, Gov. Romney, and Congressional leaders have not revealed their specific plans to avoid it – if they have one. Given that it...

  • Fiscal Cliff Looms Large As Congress Leaves Town

    A highly unpopular Congress once again departs on a lengthy recess, leaving behind a mountain of unfinished work, including a farm bill amid one of the worst U.S. droughts in decades. One year after...

  • S&P Credit Risk from Highway Funding Delays

    By Michelle Hirsch, The Fiscal Times

    Standard & Poor's, which downgraded the U.S. crexdit rating last August after the government came close to defaulting on its debt, is now warning another credit crisis could occur unless the...

  • Ryan’s Plan Could Decimate the Social Safety Net

    Pieces of the social safety net could well be shredded if House Budget Committee Chairman Paul Ryan’s new budget plan ever gains support. Ryan is calling for deep cuts in Medicaid, food stamps and...

  • How Obama Failed to Clinch the Debt Deal

    By Peter Wallsten and Lori Montgomery Wp and Scott Wilson, The Washington Post

    Did Obama let a "grand bargain" on debt reduction slip through his fingers? This special report from the Washington Post tells an intriguing story of a bipartisan deal undermined by a politics and...

  • Taxes to Abortion: Where Romney and Santorum Stand

    After 20 debates and endless speeches, you would think voters would have a clear grasp of where Republican frontrunners Rick Santorum and Mitt Romney stand on the key issues, but think again. Here is...

  • Eurozone Rescue Fund May Reach $2 Trillion

    By The Fiscal Times Staff

    Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further...