Tag : debt ceiling

How the Debt Deal Will Affect CRE

With a debt deal finally settled and an economy hanging on by a thread, the first plan of action for anyone who owns, leases or invests in property is to decide what to do next. All trends have been pointing toward a positive growth in the commercial real estate sector, but will this continue now..

Deficit, National Debt: What’s the Difference?

Debt ceiling, deficit, national debt, financial crisis—lately these words have been thrown around carelessly by everyone from congressional leaders to your grandmother. The current situation in the United States has everyone talking, but are they really listening (and understanding) the words they are regurgitating? “Deficit,” “national debt” and “debt ceiling,” have been reeled off so..

“Gang of Six” Stirs Interest

A little less than two weeks to go and Congress has yet to agree on a plan that will save the United States from defaulting on their outstanding loans. The borrowing limit was surpassed nearly three months ago and yet no notable, let alone aggressive, progress has been made to shrink the country’s outstanding deficit..

Debt Deadline Dominates Congressional Debate

So far Congress has rejected the pleas for a temporarily increased debt ceiling, intent on forcing congressional leaders to “come up with a broad agreement . . . in order to avoid a government debt default in August.” However, if a decision isn’t reached soon, a default could have a deafening impact of the US..

America: Shattering Debt Ceilings and Dreams

Our country is in debt, have you heard? Actually, we are so financially overdrawn we’ve blasted straight through that glass ceiling of our $14.29 trillion dollar limit 24 days ago and we keep soaring higher. And as it turns out, some people have noticed. Recently, Standard and Poor’s took our “stable” fiscal title and threw..