Collender also has extensive experience on Capitol Hill and is considered to be one of the leading experts on the U.S. budget and congressional budget process. Collender holds a master’s degree in public policy from the University of California, Berkeley.
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"Don't Believe What's Said About the Debt Ceiling" There is so much misinformation and grossly misleading talk about what will happen if the federal debt ceiling isn’t increased...
...a letter last week to Speaker John Boehner ... about the debt ceiling, Treasury Secretary Timothy Geithner mentioned that the federal government has an equivalent to each of these things. What Geithner didn’t mention is that the federal government also has a number of other tactics, such as leasing an asset - the federal equivalent of renting out a room in your home - or significantly slowing down payments to government contractors and others...
...payments to existing bondholders could be made the priority while payments to others could be delayed for months. ...
...If the administration is willing to use all of the cash management techniques available to it, the biggest negative reaction will likely come from Wall Street and those whose payments are delayed.
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одно осталось не ясно - что же они курят в Вашингтоне и не привёз ли это Обама Хусейнович из Африки?
как они собираются maturing debt перефинансировать без поднятия лимита? останется ли ставка такой-же как сейчас или будет как у Греции? а как же разговоры что доллар вложенный в экономику создаёт ещё пять?