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Debt Ceiling Raised

By P. Scott Shearer, Bockorny Group, Washington, DC Congress passed legislation that raises the debt ceiling until March of 2015. read more

The government consistently underestimates the student loan debt that will never be repaid, the Public Accounts Committee says.

The US Senate sends to the president a bill to raise the country's borrowing limit for another year, ending a series of standoffs over the issue.

US debt ceiling deal cheers markets - until next time

The US House passes an increase in the government's debt limit, after Republicans end their effort to win concessions from the Democrats in return.

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