Posts Tagged ‘Treasury bills’

How Costly Would a U.S. Default Be?


Monday June 27th, 2011   •   Posted by Emily Skarbek at 10:05am PDT   •   1 Comment

Discussions of a Treasury default all share one common featureóno one is certain as to what a default would actually entail. A recent article in The Economist highlights a study by Terry Zivney (Ball State University) and Richard Marcus (University of Wisconsin-Milwaukee) that looked at the last instance of U.S. default in 1979. The…
Read More »

U.S. Government Spends More Than Eight Times Monthly Revenues


Monday April 4th, 2011   •   Posted by David Theroux at 10:53pm PDT   •   5 Comments

In “March Madness: U.S. Gov’t Spent More Than Eight Times Its Monthly Revenue,” Terence P. Jeffrey reports at CNSNews.com that the U.S. Department of Treasury has just announced that federal spending for the month of March was more than eight times revenues received. The U.S. Treasury has released a final statement for the month…
Read More »

Facebook Twitter Youtube RSS

Search MyGovCost