Tag: Default

Postal Service Might Lose $10 Billion This Fiscal Year

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Tuesday, the U.S. Postal Service warned Congress it could lose $10 billion in the fiscal year that ends this month. That puts the Postal Service in danger of defaulting as it reaches its borrowing limit.

Young Would Vote ‘Yes’ On Boehner’s Plan

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There are just six days until the U.S. risks defaulting on its debt and Congress is still locked in a stalemate over whether to raise the debt ceiling and cut spending.

Federal Employee Union Concerned About Deficit Battles

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Leaders of the union that represents most federal employees here in Alaska say the workers are worrying about how the political battle being fought in Washington, D.C., will affect their jobs.

Alaska News Nightly: July 27, 2011

Young Would Vote ‘Yes’ On Boehner’s Plan, Federal Employee Union Concerned About Deficit Battles, Last Minute Offers May Keep Alaska Newspapers Alive, Navy to Sink Two Ships Per Year in Gulf Exercises, and more...