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Jennifer Carinci Breakout Yahoo! Finance 11/3/2011 The Federal Reserve may have released a relatively benign statement taking no further action to stimulate the economy, but a fierce debate is just getting started over the Central Bank’s next moves. The FOMC statement reiterated that interest rates will hold near zero through mid-2013, and “Operation Twist” —the […] November 3rd, 2011 | Tags: "Operation Twist", Alan Greenspan, Ben Bernanke, Congressional "Super Committee", Erskine Bowles, interest rates, Peter Schiff | Category: Banking and finance, Congress, Economy, Federal Reserve | Comments are closed
Zip Weasel Zippers 2/17/2011 Someone just slipped up and told the truth. Treasury Secretary Timothy Geithner today admitted under questioning from Sen. Sessions that the president’s own budget, submitted Monday, calls for interest payments and obligations that are “excessively high” and “unsustainable.” The president’s plan accumulates $13 trillion in new gross debt, with interest payments […] February 17th, 2011 | Tags: budget deficit, Congressional Budget Office, Erskine Bowles, Federal budget, Sen. Jeff Sessions, Treasury Secretary Timothy Geithner | Category: Barack Obama, Federal spending, Treasury Department, Video | Comments are closed
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