Thus, the alarming situation of new debt issue exceeding tax collections continues for a second year.
To anyone watching from Mars, part-backing a debt issue today would look awfully similar.
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But a more important point underlies this debt issue: we can be fooled by brilliance.
It did not take long before another European Union sovereign debt issue hit the news headlines.
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They see the European banks facing a problem, caused by the sovereign debt issue.
Congress had to vote on each debt issue and expenditure, which made it accountable.
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Besides the obvious debt issue, their lack of fiscal unity may be the biggest obstacle.
And stocks since mid-November have been on a tear, whatever the outcome of the national debt issue.
This revaluation of currencies was caused by the Greek debt issue and general euro zone debt and budget problems.
On the other hand, many people are being hurt by the current gridlock in Congress on the debt issue.
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He thinks the company is likely to require a highly dilutive equity raise to deal with the debt issue.
Bond yield spreads in Europe are at record levels this week, which underscores the serious nature of the Greek debt issue.
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The sovereign debt issue in Europe is the main support, he said.
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While the U.S. debt limit fiasco is presently grabbing the news headlines the likely bigger debt issue lies with the European Union.
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Bond yield spreads in Europe are at record levels this week, which underscores the very serious nature of the Greek debt issue.
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Indeed, much of the demand for ratings comes from investors who want to know whether this or that debt issue is attractively priced.
Congress then passed the debt-limit law in 1917 to facilitate debt by ending the cumbersome practice of voting on each debt issue and rollover.
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Until the U.S. debt issue is resolved for the long term, market gains and losses will be built on an unstable foundation of promises that cannot be kept.
No matter what you think of the long-term debt issue, Newtown cannot and should not be leveraged to promote policy choices like Medicare cost controls or tax reforms.
It did not take long at all before another European Union sovereign debt issue hit the news headlines and moved back to the front burner of the market place.
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Views on the how eurozone sovereign debt issue will affect gold are mixed across the board, which underlies how tricky that situation is to understand and price into the market.
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First of all, the current debate on debt issue, while serious in the long-term, is just a substitute issue, a distraction if you will, for dealing with the real issues that are seriously afflicting this country.
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But the conversations, negotiations, deliberations that are underway, both in the meetings here in the White House and obviously in other meetings and conversations, are about trying to find -- to solve a real problem here, which is the need to get our deficits under control, to reduce spending, and to deal with our long-term debt issue.
There are proposals to put together Korea's private debt and issue sovereign debt in its place.
Regarding the debt ceiling issue, odds for a successful resolution are even higher, probably close to 100%.
As a result, a newly-elected Romney would put enormous pressure on congressional Republicans to make the debt limit issue go away.
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After the recent debacle in Greece, the latest EU debt crisis issue is Portugal, amid fresh credit agency rating downgrades and warnings.
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But the bond-syndication arms of those same banks need hedge funds to buy the debt they issue on behalf of their corporate clients.
Obama is still the incumbent with strengths I have noted, but he is weakened by the debt limit issue and must respond better to the next conflict.
As you know, the Senate Democrats, Harry Reid sent you a letter begging you, essentially, to take -- consider some sort of executive action on this debt ceiling issue.
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