Page 28 - Debt Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Giving up. some have taken it upon themselves to clean up on their own time. >> no one has really thought about we can stop complaining and start doing something about it and be positive in spreading awesomeness around. >> reporter: the private sector has stepped in with some famous italian luxury brands paying for the restoration of a handful of historic monuments like the coliseum. now the mayor wants to semi-privatize transportation. he is meeting resistance from the unions. the race is really on to get rome running better. puerto rico has just confirmed that it failed to make a $58 milli...

Market anymore. all in all, it wasn't a big deal for the actual stock market. in the rest of the world, markets are in an upheaval. in china markets have been in a three-week crash losing a third of their value, or $3 trillion. we'll get to that but first i want to turn to a different part of the world: greece. the greek government is trying to scramble back from the brink after defaulting last week on a major debt payment of the imf. banks have been closed for the last two weeks and people have been limited to $60 a day from the atms. they are asking their fellow european members for more loa...

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Police can usely force and technology is not important. i am against drones and targets and assassinations and huge believer in privacy and bill of rights. >> and we are spending like crazy. i assume you are not in support of growing our debt. would you advocate a shut down to send a message to president obama that we are smending too much. >> no, i would not advocate raising the debt ceiling. you can still make your paymentings. we bring twenty-two billion a month and our debt payment is 30 billion and you can pay social security and medicare and but not research on beef jerky and gold fish o...

Remained fairly low. that is what we have seen over the last week. >> as far as the other two rating agencies, do you think they will also go ahead and down grade, or is it possible they will not do that? >> it seems unlikely at this point. there are a couple things going on here. there isn't really an issue about u.s. governments being able to generate the revenue to make the debt payment. it is fairly clear we can do that. what this reflects, the down grade from s&p is they are concerned about the level of political dysfunction and that is create something problems. but there is variation in...