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Tuesday, August 27, 2013

U.S. Faces October Deadline On Debt Ceiling

Not being able to pay your bills is never a good thing — especially when you’re the United States government.

Treasury Secretary Jack Lew has announced that the U.S. will hit its $16.7 trillion borrowing limit in mid-October.

In 2011, the White House and congressional Republicans feuded over raising the debt ceiling, spending weeks trying to come to an agreement. Those talks failed and the financial markets roiled in reaction.

Failure to reach an agreement would trigger a partial government shutdown, and the Treasury Department would be unable to pay America’s bills.

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Spotlight

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Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

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‘Sacred Journeys’ Documents Religious Pilgrimages

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As School Fees Rise, So Do Questions Over What Constitutes A Free Education

As schools across the country struggle with budget cuts, more and more are charging fees for essential school-related services.

December 15 3 Comments

Both Sides Undergoing Mediation To Resolve Homeless Feeding Dispute

A 90-year-old activist has been arrested recently for feeding the homeless — an act that is illegal in Fort Lauderdale, Fla.