All Posts Tagged With: "federal deficits"
During his State of Union Address, President Barack Obama said that he wants the government to have a strong role in times of federal deficits and increasing taxes. The Republicans often say that the government is the problem but the president said that the government is a major contributor to the improvement of the country’s [...]
President Barack Obama met with congressional leaders last Sunday night at the White House to discuss about raising the country’s debt limit. The Treasury secretary warned that if they failed to do so, it could result to a catastrophic damage not just to the American economy but the global economy as well. The credit of [...]