We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - Debt ceiling debacle is ultimate winner’s curseHow could the United States sail so close to defaulting on its debts? There’s an easy answer: political dysfunction and financial recklessness. With just over a week to go until the world’s biggest economy potentially runs out of money to pay its bills, Republicans and Democrats were still unable on Monday to see eye to eye on a solution. But there’s another explanation too. The ongoing debt-ceiling standoff, which has the potential to tip markets into mayhem, is a kind of winner’s curse. Its root causes are the same things that put Uncle Sam on top in the first place.
Source: Breakingviews - 🏆 470. / 51 Read more »
PolitiFact - Did Donald Trump rack up more debt than any other president?House Minority Leader Hakeem Jeffries, D-N.Y., said Donald Trump “ran up more debt than any other President in American history.” Actually, Trump’s predecessor, Barack Obama, accumulated the most debt, although Trump racked up debt at a faster pace.
Source: PolitiFact - 🏆 17. / 71 Read more »