Debt

Janet Yellen: Oct. 18 Likely Date When U.S. Debt Measures Exhausted

While the nation has never defaulted on its debts, the Treasury Secretary said that waiting until the last minute to take action would not be wise.
By Martin Crutsinger, AP

Senate Republicans Are Set To Block Debt Limit Increase

A debt default would be like a government shutdown on steroids.
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Republicans Pledge To Oppose Paying Debts They Voted For

Annual budget deficits reflect years of policy decisions, not just the most recent spending bills.
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Debt Limit Fight Ramps Up As Mitch McConnell Makes Key Demand

Now that a Democrat is in the White House, the GOP is raising alarms about deficits after years of looking the other way under Trump.
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US Cancels Student Debt For More Than 40,000 Disabled Americans

The action targets a loan forgiveness program that aims to help people with disabilities but that critics say carries overly burdensome rules.
By Collin Binkley, AP

Republicans Block Bill To Protect Stimulus Checks From Debt Collectors

Sen. Pat Toomey voted against Democrats' measure, blaming them for passing a bill that lacked protections and had no GOP support in Congress.
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The New Stimulus Payments Aren't Protected From Debt Collectors

Weird Senate rules have made the $1,400 fair game for private collection.
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Chris Wallace Bashes Fox News Colleague Larry Kudlow For Whining About Deficits Now

Kudlow suddenly "seems to have found religion" preaching against debt and deficits after the Trump administration flooded the nation with an ocean of red ink.
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Trump Manhattan Properties Targeted By DA Are Struggling: Report

Banks have placed some of the ex-president's buildings on debt watch lists.
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Here's What Could Happen If Biden Forgives Student Loan Debt

Cancelling student loans would certainly make a lot of borrowers happy. What other effects would it have?
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