Tag - debt

Local Family Raises Debt Ceiling

After several days of tense negotiations, a Seattle-area family has decided to increase the maximum amount of money it can borrow, also known as its "debt ceiling." The Watterson's previous limit was $286,000, an amount...

America Lists Louisiana on Ebay

With the economy struggling and federal spending at an all-time high, the Obama Administration is taking a bold step to improve the long-term economic outlook. Yesterday, officials from the State Department posted an...