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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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Saturday, July 30, 2011
Senate Majority Leader Harry Reid says there's no deal to break the debt impasse in Congress and no weekend progress has been made as a default deadline approaches.
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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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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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Friday, July 15, 2011
As Congressional leaders and the White House seek a compromise on whether to increase the national debt ceiling, a multi-billion dollar industry and an American passion - the National Football League - seeks its own compromise.
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Friday, April 08, 2011
Perilously close to a government shutdown, congressional leaders reached agreement with the White House late Friday night on a deal to cut tens of billions of dollars in federal spending and avert the closure.
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Monday, March 29, 2010
The U.S. House majority whip says Senate Majority Leader Harry Reid's dealmaking on health care legislation lost a key seat in Massachusetts but eventually led to the right strategy to win the vote.
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