Full Site View
Quick Links
  My Bulletin
  Contact The Bulletin

  Display Ads
  Dir. of Advertisers


Conversation I wish we were having about Oregon shooting

Mail: Slow down

More opinion

Ag News

S Goat Expo to offer meat goats for sale

Hall Red Angus ranch honored as Pioneer Breeder of the year

More Ag News

NorthPlatte Weather

Email Article | Print Article
News - Opinion
Fiscal cliff deal: National lossTell North Platte what you think
Courtesy Photo­Image
(click on image to enlarge)

Congress and the White House handed out tax cuts but did little-to-nothing to cut spending when they worked out a last-minute fiscal deal just before the New Year started.

Next, lawmakers need to raise the national debt ceiling or the government won't be able to borrow money.

Eventually, the government will have to cut spending or it will become unwieldy, analysts say. Investors will lose confidence which will send the world's economy reeling.

The government could reach the point of being unable to pay all its bills as early as Feb. 15, according to Steve Bell, senior director of the economic policy project at the Washington-based Bipartisan Policy Center.

Bell made the prediction to Newsmax, a news reporting service. he based his forecast on financial data from the U.S. Department of Treasury.

Like this story to send to your facebook

The North Platte Bulletin - Published 1/8/2013
Copyright © 2013 northplattebulletin.com - All rights reserved.
Flatrock Publishing, Inc. - 1300 E 4th St., Suite F - North Platte, NE 69101
Show me Talk Back during this visit