Sentence examples for on existing debts from inspiring English sources

Others say it applies only to Congress and only to outright default on existing debts.

Balance transfers can be a good way of saving money on existing debts.

Still, creditors will extend maturity on existing debts at the least until the end of the year, provided they come up with ways to raise more cash and they do not experience further cash problems.

The measure, dubbed the "Default Prevention Act," says that if the U.S. hits its debt ceiling of $18.1 trillion later this year, the Treasury Department shall issue new obligations "solely for the purpose of paying" principal and interest on existing debts, and for financing Social Security payments.

Rising debt loads are part of any expansion, but this one is getting to the point that people are borrowing more just to make payments on existing debt.

The bill sought to crack down on credit card issuers by setting a cap on interest rate increases and prohibiting interest rate increases on existing debt.

These have already risen sharply as investors have pre-empted the rating agencies' move.Investors are also fretting about the effect of downgrades on existing debt.

Failure to raise the debt limit — which would, among other things, disrupt payments on existing debt — could convince investors that the United States is no longer a serious, responsible country, with nasty consequences.

Contagion theorists see a Greek solvency crisis spreading to Italy, ignoring the reality that Italy runs a primary fiscal surplus, with its budget deficit entirely due to its interest payments on existing debt.

Italy also currently leads the Western industrial world with a budget that is actually in surplus, to the tune of 2 percent of G.D.P., when taking account of its financial position apart from interest on existing debt.

To complicate matters, keep in mind that some of these fiscal flows have already been committed, for example, in terms of interest payments due on existing debt, salaries for active military personnel and Social Security payments.