US Sen. David Vitter appeared on Fox Business Network with Connell McShane to discuss the Senate’s plans to remain in session next week and begin debating measures to address spending and debt instead of breaking for the Fourth of July recess.

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Steven Hess, senior credit analyst at Moody’s, sees a low probability of a U.S. default, but if Congress does delay on its payments, there will be nothing “technical” about the possible default.

Duration : 0:6:7

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Technorati Tags: business, finance, news, politics, REUTERS

June 14 – Summary of business headlines: Fed Chairman Bernanke warns on debt limit; Retail sales better-than-expected; Wholesale inflation remains in check; Encouraging news on Chinese economy helps lift stocks. Bobbi Rebell reports.

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Technorati Tags: business, finance, news, politics, REUTERS

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April 29 (Bloomberg) — House Budget Committee Chairman Paul Ryan, a Republican from Wisconsin, talks about the need to raise the U.S. debt ceiling and overhaul tax policy.
Ryan, speaking with Peter Cook on Bloomberg Television’s “Surveillance Midday,” also discusses the public response he’s received over his deficit reduction proposal and funding concerns for Medicare. (Source: Bloomberg)

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http://fastbusinesscredit.com/CreditCardDebt – With Scott Letourneau, discover the costly mistakes to avoid when looking to secure bank financing for your business!

Duration : 0:8:48

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Duration : 0:3:47

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Merle Hazard sings about the economic woes of Italy today, the third in a week-long series of Euro-crisis Euro-tunes.

The full post, ‘The Hits Just Keep on Coming,’ is here: http://to.pbs.org/eD42z2

And for the lyrically-inclined, check out Making Sen$e for a European debt woes contest: http://to.pbs.org/dE516G

For an overview of the entire series, watch a web chat video between Paul Solman and Merle over on Making Sen$e: http://to.pbs.org/frgvsV

Credits:

Mandolin: Frances Cunningham http://www.nashvilleceiliband.com/about
Camera: Tom Noser and Matt Westerman
Editor: Bob Burns

Duration : 0:0:48

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Technorati Tags: business, Crisis, debt, economics, Economy, European, financial, making sense, merle hazard, newshour, paul solman, PBS