Page 21 - Debt Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Again on thursday. no deal in sight. both sides plan to continue negotiations on saturday as the clock continues to wind down. greece has five days now to pay a huge loan installment or risk default on a major debt payment to international monetary fund. according to to the president of france, there's a lot to be done. >> translator: it is crucial because for several days now an agreement has been in sight but hasn't been finalized. so we have to do everything and france is working on it so that a global and lasting agreement can be reached and so that greece makes -- so that institutions can...

Fact that those same taxpayers that he just stole money from to give to wall street billionaires, those same taxpayer gave the state of okay -- and none of that money made its way to detroit to stimulate the economy here and put those people to work to stimulate those tax dollars and that money went to shore up their financial inconsistencies and starve detroit of the immediate revenue they needed to make and pay its bills and under that, detroit didn't miss a single debt payment until the state came in and took over and put kevin orr in who then made a unilateral decision not to pay any of th...

Pat powell, founder and ceo of powell financial group. what are the changes? >> we now have new changes about qualified mortgages. qualified mortgages cannot exceed more than 3% of the value. when the borrower can't have their total debt payment exceed 40. of their income. they have to be 30 years or less. and the lender has to make sure that the borrower has a reasonable expectation of paying back this debt. >> right now, easy credit led to abusive lending, risky lending which led to the bubble in the housing market and mortgage meltdown which led to the great recession in 2007 add infinitum....

Really focused on the debt ceiling and the catastrophe if we miss a debt payment. the minute there was movement on the debt ceiling issue, this huge sigh of relief, it's safe to go buy stocks and bonds again, and setting to the side the bigger problems in the economy that the shutdown is. our coverage, we focused a lot on yes, government employees who are furloughed and, you know, restaurants that are offering specials for people. but you can already see it rippling through the consumer economy. you know, car sales were actually not very strong in september. retail sales not looking so hot. yo...

Functioning. and we support the administration doing what's in its authority to pay the debt. the debt payments are up around $20 billion a month. income is around 230, $240 billion a month. we want to make sure that that is always paid. there's not a single republican who does not want the debt payment of this country paid. >> they don't raise the debt ceiling, you think the u.s. can still go ahead and pay all of its responsibilities, including making sure social securitiey checks go out on time. >> yeah. if you looked fe revenue flow coming in, we've prioritized this of about. this has been ...