Tag Archive for US debt ceiling

Why a U.S. Credit Rating Downgrade Could Hurt Obama in the 2012 Elections

Now with every passing day that the United States fails to raise its debt ceiling, the likelihood of an eventual downgrade of the U.S. Government’s sovereign credit rating from Triple-A status goes up.  Even if the ceiling is raised – still a seemingly likely outcome – the fact that country proved unable to resolve its…


Disgusted by the Partisan Wrangling over the Debt Limit? Arnold Schwarzenegger has an Answer

As Congress and the Obama administration continue their excruciating negotiations for an agreement to raise the federal government’s debt limit, marching closer to the prospect of default if the ceiling is not raised by August 2,[i] it’s natural to ask whether partisan wrangling makes our government just too slow to make key decisions that need…