Is there such a thing as good debt?
If you ask someone like Dave Ramsey, debt is always bad. The Mint Blog, on the other hand, examines the possibility of good debt, such as affordable housing, education and a car to get to work.
Bottom line: The best kind of debt is debt you can afford. This [...]
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The United States Treasury will lose borrowing authority sometime in October when the national debt reaches the legislated ceiling passed by Congress.
Treasury Secretary Geithner will have to ask for an increase, which Congress will grant, but he is bracing for the usual politics. Many in Congress use the opportunity to make government debt their number [...]
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