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New study: debt limit deadline likely extended

Money - WC

The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the government probably won't reach the brink of default until early September or early October. It had previously said default would come in July or August.

 

Recession Caused First-Ever Decline In Child Support Payments: GAO

Recession Caused First-Ever Decline In Child Support Payments: GAO

Total funds collected for U.S. child-support programs failed to increase during fiscal year 2009 for the first time since Congress created an enforcement arm for such collections in 1975, according to a study released this week by the Government Accountability Office.

Senh: Isn't this an obvious truth?

 

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