Goodbye Hole. Hello Bank.

Sep 19, 2011

The days are numbered for Boise’s infamous hole in the ground. Monday representatives from Utah based Zions Bank and Utah/Idaho real estate developer the Gardner Company, stood in front of the hole on 8th and Main to lay out their plan. Developer Kem Gardner heaped praises on Zion’s CEO.

Congress has until August 2nd to come up with a solution on whether to raise the debt ceiling.  Some of the talk around the debate has focused on changes to Social Security and Medicare.  Our series Debt Line continues today with opinions from Idaho seniors.

This morning we continue our series “Debt Line”… stories focused on what it would means for Idahoans if the U.S. hits the debt ceiling.  Congress and the President face an August 2nd deadline to come up with a solution.  And if they can’t, the federal government will start to run short of cash to pay bills.  Professor Charlotte Twight is watching this closely. She teaches Economics at Boise State University.