S&P Credit Downgrade Impact
  • Want Your Own Home? Here’s How to Do the Math

    By Cathy Curtis, CNBC

    It seems nothing can stop Americans from wanting to buy their own homes. It's almost as if the credit crisis didn't happen, even though not too long ago we were bombarded daily with stories about...

  • Budget Brawl Could Sideswipe Fed Plans to Taper

    By Josh Boak, The Fiscal Times

    The Federal Reserve appears ready to tap the brakes on its monthly $85 billion bond-buying program, even though the jobs picture still looks dismal and an upcoming federal budget showdown could...

  • How It Took 35 Years to Wreck the U.S. Economy

    By Nick Gillespie, Reason

    The chart below put together by my frequent collaborator Veronique de Rugy is, simply put, terrifying. It shows the growth in inflation-adjusted federal outlays per capita. So what you're looking at...

  • How to Build a Guard Rail around the Fiscal Cliff

    By David M. Walker, The Fiscal Times

    Op-ed : The “ fiscal cliff ” is quickly approaching, but President Obama, Gov. Romney, and Congressional leaders have not revealed their specific plans to avoid it – if they have one. Given that it...

  • Fiscal Cliff Looms Large As Congress Leaves Town

    A highly unpopular Congress once again departs on a lengthy recess, leaving behind a mountain of unfinished work, including a farm bill amid one of the worst U.S. droughts in decades. One year after...

  • 5 Ways the Downgrade Affects You

    By YLAN Q. MUI, The Washington Post

    The impact on your wallet of the Standard & Poor’s downgrade of the nation’s credit rating is similar to what would happen if your own credit score declined: The cost of borrowing money is likely...

  • GOP Hopefuls Rip into Obama on Downgrade and Economy

    By Maureen Mackey, The Fiscal Times

    Shortly after the S&P downgrade of the U.S.’s sterling credit rating, the GOP presidential hopefuls began ripping into President Obama, making their disappointment known through written...

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