Snow: U.S. Backs Sweeping Debt Relief
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U.S. Treasury Secretary John Snow repeated on Sunday the Bush administration would support complete debt relief for the poorest countries and said details of how to implement a plan could be worked out.
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The United States plans to cancel  $391 million in outstanding debt owed by Liberia, U.S.  Secretary of State Condoleezza Rice said on Tuesday, and she  urged others to help the struggling West African nation.
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17 December 2004 (NCA) -- The United States formally wrote off all of its $4.1 billion in Iraqi debt and urged other nations to follow the example.
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US President George W. Bush's administration weathered a pre-election mauling as it announced emergency measures to skirt a 7.38-trillion-dollar debt limit.
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Treasury Secretary John Snow has said &quot;yes&quot; to President Bush&#39;s request that he remain in his post in a second Bush administration, the White House said Wednesday.
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The Bush Administration said on  Wednesday tsunami-hit countries that want long-term debt relief  would have to choose between that and other U.S. aid.
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Federal Reserve chairman Ben Bernanke on Thursday endorsed the idea of an economic stimulus package, saying it could be "helpful" in countering headwinds facing the US economy.
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US Treasury Secretary John Snow conceded Wednesday that government &quot;deficits matter,&quot; but said an improving economy already is beginning to reduce red ink in the federal budget.
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Treasury Secretary Henry Paulson said on Tuesday he was confident the U.S. and global economies were resilient but welcomed an emergency rate  cut by the U.S. Federal Reserve as a helpful move.
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TREASURY SECRETARY JOHN SNOW: A strong advocate of the administration&#39;s economic policies, notably big tax cuts, Snow accepted Bush&#39;s offer Wednesday to remain.
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The U.S. House of Representatives on Tuesday overwhelmingly approved a plan to give the U.S. economy a $146 billion election-year boost through tax rebates and other measures to stave off a possible recession by boosting business and consumer spending.
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US Treasury Secretary John Snow repeated his pledge that the government&#39;s policy remained one of a strong dollar even as markets drove the currency to a record low against the euro in the belief the US was comfortable with a
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BERLIN/PARIS  - The United States and Germany  brokered a multi-national agreement on Saturday to forgive up  to $33 billion of Iraq's debts, helping mend ties strained by  the Iraq war.
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Argentine President Nestor Kirchner received confirmation Friday by the International Monetary Fund (IMF) for a postponement of the payment of 1 billion US dollars in foreign debt owed by Argentina.
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Treasury Secretary John Snow said Wednesday cutting the US current account deficit will be a top priority for the Bush administration&#39;s second term.
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The International Monetary Fund on  Wednesday approved $436 million in emergency lending to Iraq  and said it hoped its backing would generate additional  international economic support, including debt relief.
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U.S. Treasury Secretary John Snow on  Tuesday pledged a renewed drive to get countries like China to  adopt flexible currency rates so that U.S. trade deficits do  not continue to swell.