The Roof Has Been Raised: $16.4 Trillion Debt Ceiling

Well, it's looking like  the Senate was unable to muster enough votes to reject the newest debt ceiling hike in a 52 to 44 vote.  Due to take effect this Friday, we will be looking at a new ceiling…


Senate group offers $3.75 trillion deficit cuts

  By Richard Cowan WASHINGTON | Tue Jul 19, 2011 1:40pm EDT WASHINGTON (Reuters) - A bipartisan group of senators on Tuesday revived an ambitious budget plan that could provide new ideas for…