Home » Topics » fiscal deficit
IMF warns U.S. ‘fiscal cliff’ would set back world economy
WASHINGTON — The International Monetary Fund warned US leaders that hitting the looming “fiscal cliff” would not only crush the American economy but spin havoc through the rest of the world. The US needs to shrink its huge fiscal deficit over the medium term but steep spending cuts and tax…
S&P downgrades India outlook to negative
Standard & Poor’s on Wednesday downgraded India’s credit outlook to negative as a weakening economy and gaping fiscal deficit put the country’s prized investment-grade rating at risk. The agency maintained India’s rating at BBB-, but warned it faces at least a one-in-three chance of losing its status if its financial…
Brand new on Raw Story
- Vanden Heuvel: Republicans using ‘weapons of mass distraction’ against Obama
- Jennifer Rubin demands CNN ‘mute’ David Shuster for ‘Media Matters talking points’
- Jewish group demands Sen. Chuck Grassley apologize for Hitler comment
- Associated Press boss blasts ‘unconstitutional’ phone records seizures
- Police: Fatal shooting of gay man in New York was a hate crime
- High school students arrested for throwing water balloons at school
- Obama’s approval rating up despite scandals
- Rove says his super PAC is same as NAACP because it’s for ‘social welfare’
- Florida parent says ‘religious zealots’ got teen daughter arrested for lesbian relationship
- Paul Ryan: IRS connection to Obamacare is ‘rotten to the core’
Commentary
Stop whining about Millennials
By Pando Daily
Six ways the GOP could screw up the Obama administration’s scandals
By Ana Marie Cox, The Guardian
Raw Exclusives
Featured Video
Follow Us!
