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Senate approves debt agreement | Tax Policy Center

admin Jun 2, 2023 0 Comments

Senate approves debt ceiling law. Just days before the US could potentially breach its debt limit, a 63-36 Senate vote sent legislation to President Biden to suspend the debt ceiling…

Insurance

Triple-I Blog | Debt ceiling debate heightens replacement cost problems for P/C insurers

admin May 31, 2023 0 Comments

The uncertainty generated by the debt ceiling debate will likely exacerbate replacement cost inflation that has put upward pressure on property/casualty insurers' loss ratios and, ultimately, on carrier rates. consumer…

Banking

Debt ceiling crisis: how a default could play out

admin May 27, 2023 0 Comments

The United States is drawing ever closer to calamity, as lawmakers continue to bicker over what it will take to raise the country's $31.4 trillion debt limit.That has raised questions…

Taxes

Will a change of venue help seal a debt limit deal?

admin May 25, 2023 0 Comments

Debt limit negotiations move to the White House. Spokesman Kevin McCarthy (R-CA) told reporters yesterday that he would send Republican negotiators to the White House to "try to finish the…

Insurance

The Staggering Cost of Technical Debt in Insurance

admin May 25, 2023 0 Comments

Cost concerns are a common culprit when it comes to choosing business as usual over making changes or improvements to outdated technology and processes. Thinking that the cost of implementing…

Taxes

How US Debt Compares to Other Countries

admin May 10, 2023 0 Comments

The debate over the debt ceiling and the looming threat of default is drawing attention to the underlying problem of the federal government's $31 trillion debt burden. Last week, as…

Taxes

A demand for a debt ceiling and large tax burdens

admin May 9, 2023 0 Comments

Is the actions of the Treasury unconstitutional after reaching a debt limit? The National Association of Government Employees filed a Lawsuit Against Treasury Secretary Yellen and President Biden. If Secretary…

Banking

Opinion | Are the Republicans willing to raise the debt ceiling?

admin May 9, 2023 0 Comments

President Biden is offering Republicans in Congress a reasonable path to resolve the standoff over raising the federal debt ceiling. He has rightly insisted that the ceiling itself must be…

Banking

Opinion | This is how Wall Street is preparing for a US debt default.

admin May 8, 2023 0 Comments

Last week I spoke with two people on Wall Street who are planning what to do if Congress and the White House can't come to an agreement to raise or…

Taxes

Debt limit Chaos just around the corner, Unless action

admin May 8, 2023 0 Comments

Treasury Secretary Yellen: “Catastrophe” if USA No't raise the debt ceiling. President Biden meets with congressional leaders tomorrow to discuss the debt limit, which could be reached as early as…

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CFPB warns against storing money in apps that lack deposit insurance

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