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A collection of news and information related to Government Debt published by this site and its partners.
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Allentown school board president wants elementary school gym classes restored
Allentown School District might not blow the whistle on elementary school gym class after all. The district recently learned its receiving about $320,000 more than it expected from a 2011 tax lien sale, school board President Robert E. Smith said. With...Tags: Physical Fitness and Exercise, Allentown, Teachers, Budgets and Budgeting, Arts and Culture
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CPS to lay off hundreds of teachers from closing schools
Chicago Public Schools said Friday that 663 employees at schools the district is closing, including teachers, teaching assistants and bus aides, don't qualify to follow students to their new schools and will be laid off. The total includes 420 teachers,...Tags: Unemployment, Layoffs and Downsizing, Chicago Public Schools, Teachers, Collective Contract
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IMF warns U.S. not to scale back stimulus too soon
WASHINGTON — Amid speculation that the Federal Reserve soon might start scaling back its stimulus efforts, the International Monetary Fund cautioned that a pullback before next year could hurt economies worldwide. Highlighting its concern Friday,...
Tags: Productivity, Ben Bernanke, U.S. Congress, Economy, Business and Finance, Labor Markets
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IMF urges U.S. to repeal 'ill-designed' sequester cuts
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery "The sequester...
Tags: U.S. Congress, Politics, International Organizations, Christine Lagarde, Budget Control Act of 2011
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Teachers union, charter schools rail at CPS budget cuts
As principals got a better sense this week of their school's budget for the coming year, officials with the Chicago Teachers Union and privately run charter schools — which rarely agree on anything — both sounded an alarm over the effects of...
Tags: Chicago Charter Schools, Economy, Business and Finance, Career and Workplace, Finance, Illinois Network of Charter Schools
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Center Theatre Group headed for fifth straight budget deficit
By some measures, L.A.'s Center Theatre Group is the busiest nonprofit stage company in the nation — and it's the biggest by far outside Manhattan. But now this theatrical giant is in serious need of more than a little help from its friends. The...
Tags: Mary Poppins (musical), Arts, Steppenwolf Theatre, Arts and Culture, Economy, Business and Finance
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Volunteers work to reopen sites on Buffalo River
PONCA, Ark. -- Volunteer groups are stepping forward to help with maintenance at Buffalo National River facilities after federal budget cuts threatened the closure of some campsites and restrooms. Several facilities have reopened after four groups... -
Stop the deficit extremists
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency. That's what's prevented lawmakers from dealing with their real task, which is...
Tags: Economic Indicator, Republican Party, Unemployment, U.S. Congress, U.S. House Committee on the Budget
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University of Maryland Medical Center to begin layoffs this month
The University of Maryland Medical Center will send layoff notices to employees at the end of the month as it looks to cut costs in the wake of federal budget cuts and what it and other state hospitals have called inadequate rate increases. Jeffrey...
Tags: University of Maryland Medical Center, Unemployment, U.S. Department of Health and Human Services, Economy, Business and Finance, Hospitals and Clinics
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Senators split on rising student loan rates
Pennsylvania's senators are split on what do to about a key student loan interest rate set to double soon unless Congress intervenes. Democratic Sen. Bob Casey Jr. backs his party's plan to extend current rates, affecting subsidized Stafford loans, for...Tags: Starbucks Corp., Robert P. Casey, Jr., U.S. Congress, Barack Obama, Economy, Business and Finance
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Standard & Poor's upgrades outlook for U.S. credit rating
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
Tags: Ratings, Rentals, Credit Ratings, Standard & Poor's Financial Services LLC, Manufacturing and Engineering
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Next debt-ceiling histrionics could do real harm
At this stage in the U.S. recovery, there isn't much that fiscal policy can do to accelerate growth. Some argue that we need another tax cut, while others would prefer increased spending. Neither is going to happen on a significant scale. Radical...Tags: Economic Indicator, U.S. Congress, Economy, Business and Finance, Finance, George W. Bush
Jun 19, 2013
|Story| Allentown Morning Call
Jun 15, 2013
|Story| Chicago Tribune
Jun 15, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Chicago Tribune
Jun 12, 2013
|Story| Los Angeles Times
Jun 12, 2013
|Story| KY3-TV
Jun 11, 2013
|Column| Los Angeles Times
Jun 11, 2013
|Story| Baltimore Sun
Jun 11, 2013
|Story| Allentown Morning Call
Jun 10, 2013
|Story| Los Angeles Times
Jun 10, 2013
|Column| Allentown Morning Call
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