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Public Finance

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Displaying items 85-96 of 1556
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    May 8, 2013 |Story| Reuters
  1. Bundesbank's Weidmann warns Europe against easing reform efforts

    Reuters
    BERLIN (Reuters) - Bundesbank chief Jens Weidmann has said European countries should not ease up on reforms and resort to stimulus packages to tackle high youth unemployment as this will not result in sustainable jobs. In comments published on Thursday,...

    Tags: Francois Hollande, Angela Merkel, Career and Workplace, France, Unemployment

  2. May 8, 2013 |Story| Reuters
  3. U.S. House set to pass tactical Republican debt bill

    Reuters
    * White House has said it will veto bill * House Republicans are mulling debt ceiling strategy * Bill would allow U.S. Treasury to borrow more funds By Rachelle Younglai WASHINGTON, May 9 (Reuters) - U.S. House Republicans are expected to pass a...

    Tags: Government Debt, Medicare, Finance, Politics, U.S. Senate

  4. May 8, 2013 |Story| Los Angeles Times
  5. The wrong way for Washington to avoid defaulting

    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what <a href="http://www.whitehouse.gov/sites/default/files/omb/legislative/sap/113/saphr807r_20130507.pdf">happened</a> Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week.
    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...

    Tags: George W. Bush, Medicare, Financial Markets, Finance, Tom McClintock

  6. May 8, 2013 |Story| Reuters
  7. S&P upgrades MBIA, National Public Finance Guarantee fncl strength rtgs

    Reuters
    May 8 (Reuters) - Standard & Poor's Ratings Services on Wednesday raised the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee Corp adding it may upgrade them further. The rating action on MBIA - with a financial...

    Tags: Bank of America Corp., Standard & Poor's Financial Services LLC, Politics, Stock Market, MBIA Incorporated

  8. Apr 30, 2013 |Story| Reuters
  9. Obama says sequester has slowed U.S. growth, led to job losses

    Reuters
    WASHINGTON, April 30 (Reuters) - President Barack Obama on Tuesday said he was continuing conversations with Republican lawmakers on a deficit reduction deal, but that the automatic government spending cuts known as the sequester have slowed U.S. growth...

    Tags: Budget Control Act of 2011, Barack Obama, Politics, White House, Washington, DC

  10. May 7, 2013 |Story| Los Angeles Times
  11. First, fix the tax code

    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and Means Committee <a href="http://lat.ms/18q649d">reportedly</a> want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace.
    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...

    Tags: Environmental Issues, U.S. House Committee on Ways and Means, U.S. Congress, Barack Obama, Energy Saving

  12. May 8, 2013 |Story| Reuters
  13. S&P upgrades National Public Finance, says may get A rating

    Reuters
    (Reuters) - Following a cash settlement between MBIA Inc and Bank of America , Standard & Poor's Rating upgraded on Wednesday the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee. The rating agency, which had...

    Tags: Bank of America Corp., Trials, Litigation and Regulation, Banking, Insurance

  14. May 7, 2013 |Story| Reuters
  15. Slovenia postpones parliament vote on budget cap until late May

    Reuters
    LJUBLJANA (Reuters) - Slovenia postponed on Tuesday a parliamentary vote on setting a cap on the budget deficit until later in May, after parties failed to agree the terms of the so-called golden fiscal rule. The euro zone state, which is battling to...

    Tags: Parliament, National Government, Finance, Economy, Business and Finance, Slovenia

  16. May 7, 2013 |Story| Reuters
  17. South Sudan set to pay Sudan $2 billion in oil fees by 2015: IMF

    Reuters
    KHARTOUM (Reuters) - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fund (IMF) said on Tuesday. Sudan...

    Tags: Political Corruption, International Monetary Fund, National Government, Sudan, Upstream Oil and Gas Activities

  18. May 7, 2013 |Story| Reuters
  19. India's cheap food plans to prove costly for government

    Reuters
    * Would raise subsidy bills 45 pct to up to 1.3 trln rupees * To provide cheap rice and wheat to 67.5 pct population * Will require 61 mln tonnes of grains a year By Jo Winterbottom NEW DELHI, May 7 (Reuters) - India may soon pass a new law to give...

    Tags: Government Debt, Parliament, Finance, United Nations, Politics

  20. May 7, 2013 |Story| Reuters
  21. German finance minister softens stance on EU bank union

    Reuters
    BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...

    Tags: Treaties, Government Debt, Germany, International Monetary Fund, Foreign Exchange Market

  22. May 7, 2013 |Story| Chicago Tribune
  23. Park Ridge mayor's vetoes overridden

    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes.
    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes. With identical 6-1 votes, aldermen of the previous council on Monday overrode Schmidt's vetoes...

    Tags: Finance, Economy, Business and Finance, Politics

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