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News for the Carolinas
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Friday, August 05, 2011
The deal to raise the debt ceiling means South Carolina will keep its AAA credit rating from Moody's. That means it costs less to borrow money for things taxpayers depend on like schools, roads and bridges.
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Wednesday, August 03, 2011
Reaction to the debt ceiling deal in Washington has been mixed at best.
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Wednesday, July 27, 2011
South Carolina's financial leaders are updating Moody's Investor Service on the state's financial health as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Wednesday, July 27, 2011
South Carolina's financial leaders plan to meet with Moody's Investor Service as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
South Carolina's financial leaders will meet with Moody's Investor Service as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
Debt reduction talks continue in Washington, as Democratic and Republican leaders in Congress prepare to unveil separate plans to avoid a default by the government. If an agreement is not reached by August 2, the U.S. won't have enough cash to pay all its bills.
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Monday, July 25, 2011
South Carolina U.S. Rep. Tim Scott says he's optimistic that Congress will reach an agreement on raising the nation's debt ceiling.
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Tuesday, July 19, 2011
Republican presidential hopeful Michele Bachmann told a crowd of Christian activists that problems with the poor won't be solved by the government paying more money to take care of them.
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Monday, July 18, 2011
Minnesota Rep. Michele Bachmann is bringing her campaign back to South Carolina this week.
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Friday, July 08, 2011
The American government is broke. Rather, like many American families, it uses borrowed money to operate on a daily basis. But unlike the average American, the government doesn't ask a bank or credit card company for more money; it can sell more debt on the open market and raise its own credit limit.
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