Debt Reduction

President Obama Proposes New Help for Troubled Mortgages

President Obama on Friday proposed to sweeten a deal from Washington to entice banks to modify payments, lower loan principal, and expand eligibility in order to help more of the 11 million American families sinking under their mortgages.

Greenspan: Tax overhaul should be used to cut debt

Former Federal Reserve Chairman Alan Greenspan told Congress on Tuesday that new revenue raised from overhauling the tax code and eliminating loopholes should be used to reduce federal deficits, not to lower tax rates.

Bill Clinton on Budget Deficit and and Debt Reduction - C-SPAN Video Library

The GOP is NOT Fiscally Responsible. GOP + Fiscal is an oxymoron.

House Passes Plan to Raise Debt Limit Ahead of Deadline, With Vote in Senate Expected Tuesday

The House passed a bipartisan deal to raise the debt ceiling in an 11th-hour vote Monday despite grumbling from liberals and conservatives, who stretched the bounds of rhetoric to express their distaste for it.

Clout St: House budget chairman wants spending limits for debt ceiling support

The chairman of the House Budget Committee who penned a comprehensive and controversial deficit reduction plan said today House Republicans will seek statutory spending limits and cuts in exchange for supporting an increase in the debt ceiling.

New Twist in Democrats' Push for Mortgage Debt Relief - Wall Street Journal (blog)

Bloomberg

New Twist in Democrats' Push for Mortgage Debt Relief Wall Street Journal (blog) In the letter, which has been criticized by a former Obama administration official, the regulator indicated its preference for a principal forbearance plan, which does not require lenders to forgive debt. Mr. Cummings also criticized Mr. DeMarco for ... Fannie Mae Nixed Plan to Reduce Mortgage Debt, Democrats SayBusinessWeek Ex-Fannie Mae Employee: Executives 'Philosophically Opposed' To Loan ForgivenessHuffington Post Refloating the housing marketLos Angeles Times Wall Street Journal (India) -CNBC.com all 182 news articles »

Envision Solar Announces Debt Reduction; Continued Management Results in Debt ... - ElectroIQ

Envision Solar Announces Debt Reduction; Continued Management Results in Debt ... ElectroIQ Envision Solar International, Inc., ("Envision Solar") (OTCBB:EVSI), a leading sustainable infrastructure product designer and developer, today announced that the company was successful in both reducing and renegotiating the company's debt positions at ...