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TOKYO (Reuters) – Japan's government approved on Tuesday a $ 1.02 trillion draft budget for the next fiscal year that aims to nudge tax revenues above new bond sales for the first time in four years, but still relies on borrowing to cover 46.3 percent of its spending. The first full-year draft budget compiled under [...]
Posts Tagged ‘borrowing’
Japan approves $1.02 trillion budget for 2013/14, borrowing at new highs
Posted by admin on January 29th, 2013
Posted in Breaking News 
Tags: $1.02, 201314, Approves, borrowing, Budget, Highs, Japan, trillion 
No Comments »Obama wants action on government’s borrowing limit
Posted by admin on January 5th, 2013
HONOLULU (AP) — President Barack Obama is hailing a last-minute deal that pulled the country back from the "fiscal cliff," but says it's just one step in a broader effort to boost the economy and shrink federal deficits. Tweet This Post
Cuts, hikes and borrowing as U.S. states work to pay jobless loans
Posted by admin on December 12th, 2012
WASHINGTON (Reuters) – North Carolina lawmakers next month will begin considering chipping away at aid for the jobless, while squeezing more money from employers, all in the hopes of retiring a debt to the federal government of more than $ 2 billion. As unemployment rose during the recession, North Carolina borrowed repeatedly from the U.S. [...]
Posted in Breaking News Tags: borrowing, cuts, hikes, Jobless, loans, States, U.S., work No Comments »Italian political crisis drives up borrowing costs
Posted by admin on December 10th, 2012
ROME/MILAN (Reuters) – Italian Prime Minister Mario Monti's imminent resignation drove up the country's borrowing costs on Monday, as markets took fright at the prospect of a return to an old-style Italian political crisis. The spread between Italian BTPs and German Bunds widened to 349 basis points from 325 late on Friday and BTP future [...]
American Voices: Consumer Borrowing Increases In March
Posted by admin on May 9th, 2012
Overall borrowing, including credit card purchases and student loans, increased more in March than in any month in the past 10 years, pushing the total close to its level immediately preceding the recession. Tweet This Post
Spanish borrowing costs to jump at auction, bank buying eyed
Posted by admin on May 3rd, 2012
MADRID (Reuters) – Spain’s borrowing costs are set to rise by more than a percentage point at an auction of three- and five-year bonds on Thursday, with markets watching for signs that its troubled banks are losing their appetite for the country’s debt. The sale is the first since Standard and Poor’s cut Spain’s credit [...]
Posted in Breaking News Tags: Auction, Bank, borrowing, Buying, costs, Eyed, Jump, Spanish No Comments »Borrowing a page from the anti-Apartheid fight
Posted by admin on November 18th, 2011
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Ten years of borrowing paid for the Bush tax cuts
Posted by admin on July 20th, 2011
Here’s a blast from the recent past from Think Progress. Tweet This Post
CBO director: Debt default a ‘dangerous gamble,’ would increase borrowing costs
Posted by admin on June 14th, 2011
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