Political siege on as US debt hits the ceiling
The US hit its $US14.294 trillion ($A13.421 trillion) debt ceiling on Monday, and like an explosion viewed from a great distance, the event has been witnessed by the markets, but so far, not felt.
Published May 20, 2011.
Read more: Brisbane Times
US dipping into pensions as it hits debt limit
US Treasury Secy Timothy Geithner told Congress he would start tapping into federal pension funds on Monday to free up borrowing capacity as the nation hits the $14.294 trillion legal limit on its debt.
Published May 16, 2011.
Read more: The Economic Times