Debt Ceiling Talks Continue –

Debt ceiling talks between Republican and Democratic leaders continued on Saturday.  There has not been an agreement on terms to raise the $14.3 trillion debt ceiling.  The debt ceiling must be raised by August 2nd or the U.S. would fall into default and financial markets may react negatively.  

To read a related Reuters article, please click here:

http://www.reuters.com/article/2011/07/16/us-usa-debt-idUSTRE7646S620110716

James Sutliff

This entry was posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Treasury. Bookmark the permalink.