Geithner informed Congress of his decision in a letter stating that the government had officially reached its $14.3 trillion borrowing limit. He repeated a warning that if lawmakers do not increase the borrowing limit by August 2, the government is at risk of an unprecedented default on its debt. View full post on All Stories
Posts Tagged ‘letter’
Dear Taxpayer: You’re nearing your credit limit
May 16th, 2011
davidguide Dear American Taxpayer: This letter serves to inform you your credit limit is nearing. Today, your maximum allowable credit would be reached were it not for emergency and extraordinary steps taken to ensure your good standing remains intact. For now. However, these steps are only temporary. At your current rate of spending, these measures extend [...]
David Cameron in danger of breaking green pledge, warn green groups
May 14th, 2011
davidguide Prime minister’s commitment to ‘greenest government ever’ is questioned in open letter from environmental coalition – Read the open letter to David Cameron The prime minister is in danger of breaking his pledge to lead the “greenest government ever”, a coalition of environmental charities and aid agencies has warned. In an open letter to David [...]
As Debt Ceiling Isn’t Raised, ‘Headache’ For Cities, States Begins Friday
May 5th, 2011
davidguide NEW YORK — As the federal government approaches its legal debt ceiling and scrambles to avoid default, the first losers will be cities and states. Starting Friday, the U.S. Treasury will stop issuing special securities that help state and local governments pay for their debt, Treasury Secretary Tim Geithner announced in a letter to Congress [...]
Caterpillar to stay in Illinois
April 5th, 2011
davidguide Kris Alingod – AHN News Contributor Peoria, IL, United States (AHN) – Caterpillar, the world’s largest manufacturer of construction and mining equipment, will remain headquartered Illinois despite a temporary income tax hike in the state. Chief executive Doug Oberhelmam told reporters in Peoria on Tuesday that Caterpillar is “here to stay.” He met earlier with [...]
Obama urged to raise laundry list of grievances and issues with Chinese Prime Minister
January 19th, 2011
davidguide Lalit K. Jha – AHN News Correspondent Washington, DC, United States (AHN) – When President, Barack Obama, sits down with his Chinese counterpart, Hu Jintao, at the Oval Office Wednesday morning he would be carrying with him a long list of issues which Congressmen and Senators have urged him to ask the Chinese leaders this [...]
EU, Iran Push To Restart Nuclear Talks
November 11th, 2010
davidguide AHN News Staff Tehran, Iran (AHN) – Responding to European Union chief diplomat Catherine Ashton’s call to revive nuclear talks from November 15-18, Iran on Wednesday proposed fresh dates to resume talks with major world powers. Iran’s chief nuclear negotiator Saeed Jalili sent a letter to Ashton saying Tehran could restart negotiations on November 23 [...]
Mortgage Loan Modification Approval
October 7th, 2009
davidguide Right now there are numerous options available to people who require aid in keeping their houses from being foreclosed upon. Many banks, including BOA, are now open to the idea of approving loan modifications. There are things you must know to do to your request in order to have an improved chance of approval. 1. [...]
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