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He vowed to keep battling for his agenda, from overhauling the campaign finance laws to mixing moderate tax cuts with debt reduction.
The Buffett Rule is nothing but a form of redistributionism that has vanishingly little to do with debt reduction and everything to do with reelection.
Most creditors go along with debt reduction or write-off deals, and the Congo Republic has qualified under international programs for a reduction of much of the $8.5 billion in debt it owed as of December 2004.
However, Jefferies is forecasting fewer mergers and acquisitions as a result of the company's commitment to a progressive dividend combined with debt reduction, which reduces the amount of potential M&A capital available.
If lifting the sequester — which he now uses to credit himself with debt reduction — and spending more taxpayer money would lead to lessened income inequality, then we'd have solved the problem.
The voters are tired of austerity already – they agree with debt reduction but they don't like it, so they are receptive to a bit of smoke and mirrors that tells them that tax cuts are possible.
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Such a body could be developed along the principles of national insolvency regulations, which protect individuals and companies from protracted crises, and make all lenders comply with debt reductions.
With debt-reduction talks between the White House and GOP leaders stalled, McConnell (R-Ky). said his proposal offers a "last-choice option" for meeting an Aug. 2 deadline to raise the legal limit on the national debt.
Although the president has asked for a "clean" bill to raise the debt ceiling, members of Congress on both sides of the aisle have said they will not support an extension of the debt limit unless it comes with debt-reduction plans.
There is clarity now, with a debt reduction deal having been struck with Lloyds Bank.
In Groton his frustrations with the debt reduction panel seemed to boil over.
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