Egypt

(List compiled by Andrew Dominguez. Data sourced from Screener.co. Disclosure: Andrew Dominguez owns GE shares.) In some senses, paying taxes is like buying shares of a company – taxes are an investment in the wellbeing of a country and its citizens. It can also provide a sense of ownership and involvement in the state of the government and society. By the same token, one would hope that the government is trying to maximize value for its shareholders – its tax-paying and tax-exempt citizenry. This might include constantly improving roads, fire and police departments, education, pensions, and a whole host of other services. This is why the recent debt ceiling debacle has been particularly frustrating for this author. The decision to cut budgets without raising taxes seems to imply that our elected officials would rather bail on its obligations to their most vulnerable constituents – those that rely on public education and transportation for their livelihoods; the retired; the poor and h...

(List compiled by Andrew Dominguez. Data sourced from Screener.co. Disclosure: Andrew Dominguez owns GE shares.) In some senses, paying taxes is like buying shares of a company – taxes are an investment in the wellbeing of a country and its citizens. It can also provide a sense of ownership and involvement in the state of the government and society. By the same token, one would hope that the government is trying to maximize value for its shareholders – its tax-paying and tax-exempt citizenry. This might include constantly improving roads, fire and police departments, education, pensions, and a whole host of other services. This is why the recent debt ceiling debacle has been particularly frustrating for this author. The decision to cut budgets without raising taxes seems to imply that our elected officials would rather bail on its obligations to their most vulnerable constituents – those that rely on public education and transportation for their livelihoods; the retired; the poor and h...

The U.S. Senate will vote Tuesday on a compromise bill to cut government spending and raise the nation's borrowing limit, bringing a likely end to weeks of fear over a potential American debt default. The Senate is expected to vote on the deal at noon local time, just 12 hours before the government says it will run out of money to pay its bills. On Monday night, the bill passed its biggest test when the Republican-led House of Representatives approved it by a vote of 269 to 161. U.S. Debt Deal Facts It allows the debt ceiling to rise by up to $2.4 trillion - enough to keep the country borrowing money until 2013. It includes spending cuts that could reach $2.5 trillion, to exceed the amount of the debt ceiling increase. It initally cuts spending by at least $900 billion over 10 years, and creates a bipartisan budget committee to find additional deficit reduction of at least $1.5 trillion. If the committee fails by late November to find additional ways to reduce the deficit, the fail...

The U.S. Senate will vote Tuesday on a compromise bill to cut government spending and raise the nation's borrowing limit, bringing a likely end to weeks of fear over a potential American debt default. The Senate is expected to vote on the deal at noon local time, just 12 hours before the government says it will run out of money to pay its bills. On Monday night, the bill passed its biggest test when the Republican-led House of Representatives approved it by a vote of 269 to 161. U.S. Debt Deal Facts It allows the debt ceiling to rise by up to $2.4 trillion - enough to keep the country borrowing money until 2013. It includes spending cuts that could reach $2.5 trillion, to exceed the amount of the debt ceiling increase. It initally cuts spending by at least $900 billion over 10 years, and creates a bipartisan budget committee to find additional deficit reduction of at least $1.5 trillion. If the committee fails by late November to find additional ways to reduce the deficit, the fail...

The White House and congressional leaders of both major political parties are pressing rank-and-file legislators to support a last-gasp bipartisan deal to trim U.S. government spending and raise the federal borrowing limit. Votes are expected in both houses of Congress ahead of Tuesday’s deadline to raise the debt ceiling or risk a possible default on U.S. obligations. Financial “Armageddon” One day before the United States faces what President Barack Obama has called financial “Armageddon,” congressional passage of the compromise debt bill is far from assured. In a final effort to round up wavering votes, Obama dispatched Vice President Joseph Biden to Capitol Hill to address Democratic lawmakers from both chambers. White House/David Lienemann US Vice President Joe Biden records the weekly speech, May 27 2011 Biden was asked if he believes the bill cutting trillions of dollars in federal spending and extending the borrowing limit through next year will pass. “Oh, that is up to the Ho...

The White House and congressional leaders of both major political parties are pressing rank-and-file legislators to support a last-gasp bipartisan deal to trim U.S. government spending and raise the federal borrowing limit. Votes are expected in both houses of Congress ahead of Tuesday’s deadline to raise the debt ceiling or risk a possible default on U.S. obligations. Financial “Armageddon” One day before the United States faces what President Barack Obama has called financial “Armageddon,” congressional passage of the compromise debt bill is far from assured. In a final effort to round up wavering votes, Obama dispatched Vice President Joseph Biden to Capitol Hill to address Democratic lawmakers from both chambers. White House/David Lienemann US Vice President Joe Biden records the weekly speech, May 27 2011 Biden was asked if he believes the bill cutting trillions of dollars in federal spending and extending the borrowing limit through next year will pass. “Oh, that is up to the Ho...

President Obama and congressional leaders Sunday night sealed a deal to raise the federal debt limit that includes sharp spending cuts but no new taxes, breaking a partisan impasse that has driven the nation to the brink of a government default. The agreement brings to an end a self-created crisis that has consumed Washington, rattled Wall Street, and shaken confidence in the American political system at home and abroad. The deal could clear Congress as soon as Monday night — barely 24 hours before Treasury officials have said they could begin running short of cash to pay the nation’s bills. 2749 Comments Weigh In Corrections? Video President Barack Obama says a deal has been reached to raise the government's debt ceiling and avoid a default. He said the deal includes more than $2 trillion in gradual spending cuts and no initial cuts to Social Security and Medicare. (July 31) Graphic Highlights of the deal. More on this Story Obama, lawmakers reach deal on debt What’s happeni...

President Obama and congressional leaders Sunday night sealed a deal to raise the federal debt limit that includes sharp spending cuts but no new taxes, breaking a partisan impasse that has driven the nation to the brink of a government default. The agreement brings to an end a self-created crisis that has consumed Washington, rattled Wall Street, and shaken confidence in the American political system at home and abroad. The deal could clear Congress as soon as Monday night — barely 24 hours before Treasury officials have said they could begin running short of cash to pay the nation’s bills. 2749 Comments Weigh In Corrections? Video President Barack Obama says a deal has been reached to raise the government's debt ceiling and avoid a default. He said the deal includes more than $2 trillion in gradual spending cuts and no initial cuts to Social Security and Medicare. (July 31) Graphic Highlights of the deal. More on this Story Obama, lawmakers reach deal on debt What’s happeni...

In an evening news conference, President Obama says the debt ceiling deal is not the one he would have preferred, but it will "allow us to avoid default and end the crisis Washington imposed on the rest of America."

In an evening news conference, President Obama says the debt ceiling deal is not the one he would have preferred, but it will "allow us to avoid default and end the crisis Washington imposed on the rest of America."

Senate Majority Leader Harry M. Reid said Sunday evening that all congressional leaders had agreed to a compromise plan to lift the debt ceiling. "We're moving forward together," Reid said. Immediately afterward, Minority Leader Mitch McConnell declared "there is now a framework" for a deal.

Senate Majority Leader Harry M. Reid said Sunday evening that all congressional leaders had agreed to a compromise plan to lift the debt ceiling. "We're moving forward together," Reid said. Immediately afterward, Minority Leader Mitch McConnell declared "there is now a framework" for a deal.