US Default – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Fri, 11 Oct 2013 23:53:38 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Obama refuses to raise debt ceiling for 6 weeks https://www.eutimes.net/2013/10/obama-refuses-to-raise-debt-ceiling-for-6-weeks/ https://www.eutimes.net/2013/10/obama-refuses-to-raise-debt-ceiling-for-6-weeks/#respond Fri, 11 Oct 2013 14:33:02 +0000 http://www.eutimes.net/?p=29603 President Obama has rejected raising America’s debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward by congressional Republicans, who sought to win time for negotiation and avert an unprecedented US default next week. No specific budget decision was taken in the White House on Thursday, where President Obama met […]

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US Treasury: Default would be ‘catastrophic’ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/#respond Thu, 03 Oct 2013 22:46:40 +0000 http://www.eutimes.net/?p=29515 The US Treasury has warned of catastrophic effects if a political stalemate over raising the government’s debt limit forces a US default on its obligations. The federal government is expected to exhaust its cash reserves by October 17 and if US lawmakers do not reach an agreement to raise the nation’s debt ceiling, the government […]

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House raises debt ceiling to avoid US default https://www.eutimes.net/2013/01/house-raises-debt-ceiling-to-avoid-us-default/ https://www.eutimes.net/2013/01/house-raises-debt-ceiling-to-avoid-us-default/#respond Fri, 25 Jan 2013 12:29:47 +0000 http://www.eutimes.net/?p=25703 The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. The legislation prevented a devastating default of US debt and payments next month and instead give Congress three more […]

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