America honors the bond market
America honors the bond market, with three A’s credit rating, but now it may not pay debt interest, a model student I am afraid to cut marks. U.S. financial implications, some analysts estimate that U.S. government debt interest burden, the worst case, could the United States Government to pay an annual $ 100 billion in wedding dresses interest.Obama threatened to veto the Republican plan, the U.S. negotiating parties failed to reach a consensus on the debt. Senate Democratic Leader Reid and House Republican leader Clothingofferstore John Boehner were made 25 to reduce the deficit and debt ceiling to improve the program, the fastest 27 will each vote.
However, the latest news, House Republican leaders said they were scheduled to increase in the debt ceiling of 27 to vote on the proposal plan, I am afraid to be delayed one day.
White House, Reid’s proposal more acceptable, but that does not support the case Bona, his proposal was also opposed to affordable wedding dresses the White House. 26, the White House threatened that if the U.S. Congress passed the Republican proposed two-stage plan to resolve the debt crisis in the United States, President Barack Obama will be rejected. White House Office of Management and Budget said the administration “strongly opposes” the plan, if submitted to Obama, “the president’s senior advisers would recommend he veto the bill.”
Republican Congressman announced details of the scheme reduced the deficit in two stages, the initial approach in 10 years to save $ 1.2 trillion spending. The plan will only increase the debt ceiling for several months, but must be early next year to face the same problem. Obama belongs to the Democratic Party formally proposed in the next 10 years, am afraid to cut marks. At least have a credit rating agency that unless the United Sthe next decade to cut $ 4 trillion budget into the agreement, otherwise they will not continue to the United States three soccer jersey A ratings. JP Morgan Chase Bank, $ 2.7 trillion deficit reduction rival plan, while the debt limit increase will continue until the November 2012 election, when Obama and many members of Congress to re-election.
America honors the bond market, with three A’s credit rating, but now it may not pay debt interest, a model student I am afraid to cut marks. At least have a credit rating agency that unless the United States over the next decade to cut $ 4 trillion budget into the agreement, otherwise they will not continuy credit rating was downgraded, what impact the investment market, analysts explained that the inevitable consequence of the credit downgrade to borrow money to pay relatively high interest rates, it will lead to Almost all lending interest rates, mortgage loans, student loans, bonds, etc., the cost will increase.
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