Overview for treasury

A Recovery Menaced By Dysfunctional Politics

In a time of fundamental uncertainty, what do we know for certain? No, that’s not a Yogi Berra kind of question. Timing of passage of an increase of some size in the national debt ceiling remains uncertain. Which side will blink first remains uncertain. Final form of the legislation …

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Written by Steve Bell on Friday July 29, 2011

Will Jim DeMint Filibuster Us into Default?

Wind your way past the debate on a  Balanced Budget Amendment to the Constitution, paid protesters carrying “Protect our Social Security and Medicare” placards, and sound bites from almost all talking heads. When you do, you will discover that some serious folks in Congress refuse to give up …

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Written by Steve Bell on Tuesday July 19, 2011

Will Contractors Sue After Default Day?

If contractors don't get paid after the debt ceiling is not raised, will they sue the federal government? What happens on the day after Aug 2 if the debt ceiling is not raised? Frum Forum this week contacted a number of government vendors and contractors who unanimously stated: they had no …

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Written by Fred Messner on Thursday July 14, 2011