Sentence examples for fiscal default from inspiring English sources

Some members of Congress seem ready to close the government or to send the country into fiscal default in their effort to deny funding for health reform.

WASHINGTON — President Obama tried to raise the pressure on Republicans in Congress on Wednesday, telling a national business group that threats of a fiscal default by his political adversaries risk throwing the United States economy back into crisis.

Greece is teetering on the edge of fiscal default.

They are not driven by policy considerations or evidence-based program evaluations, but by the brutal calculus of the state's fiscal default.

And the fact that the country must roll its debt over at high interest rates worsens its fiscal prospects, making default more likely, so that the crisis of confidence becomes a self-fulfilling prophecy.

One thing is clear from the report: For the fiscal year that ended on March 31, state spending, adjusted for inflation, rose at one of the slowest paces since the 1970's, the years that put phrases like "fiscal crisis" and "default" in every New Yorker's vocabulary.

"Default," "fiscal cliff" and "government shutdown" are scary words.

With the existential threats of going over the fiscal cliff and defaulting on the full faith and credit of the United States behind us, the last remaining area of self-inflicted damage Washington can create is allowing the budget chainsaw of sequestration to go forward on March 1 , 2012

If rates have risen because investors fear default and fiscal chaos, stock prices should plunge.

Most of these cities aren't in imminent danger of bankruptcy or default, but fiscal irresponsibility, a deteriorating tax base, soaring pension costs or a combination of all three means residents may want to consider moving before they get stuck with the bill.

"Only a multiyear restructuring of the bond obligations, coupled with substantial deficit reduction, can achieve a permanent adjustment of Greece's fiscal obligations without actually defaulting on the paper and giving all stakeholders a haircut," Carl B. Weinberg, chief economist of High Frequency Economics in Valhalla, N.Y., said via e-mail on Sunday.