Archive | The U.S. Debt Limit

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The Budget Control Act of 2011: Agreement Reached Over Stalemate on the Nation’s Debt Ceiling

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The Budget Control Act of 2011: Agreement Reached Over Stalemate on the Nation’s Debt Ceiling After a last-minute agreement finally brought the stalemate over the nation’s debt ceiling to a close, President Obama signed the Budget Control Act of 2011 into law on August 2, 2011, enabling the U.S. Treasury to avoid defaulting on existing […]

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14 trillion

The U.S. Debt Limit – Questions and Answers

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  The U.S. Debt Limit: Questions and Answers… Because discussions in Washington are evolving day by day, this article focuses on the background and importance of the debt ceiling rather than attempting to discuss the ramifications of your portfolio. As August 2 approaches, you’ll likely hear increasingly urgent debate over the nation’s debt ceiling. That’s the […]

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