Debt

The Fed Issued Its Biggest Rate Hike In 22 Years. Here's How That Will Affect Your Finances

Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan.
By Christopher Rugaber, AP

Republicans Poised To Support Filibuster Carveout For Democrats To Raise Debt Limit

Democrats are getting Republicans to help them raise the debt limit without Republicans actually voting for it.
By 

New York City Cabbies Rescued From Debt Crisis In ‘New Dawn’ For Iconic Taxis

"Drivers will no longer be at risk of losing their homes, and no longer be held captive to a debt beyond their lifetime.”
By 

House Democrats Consider Killing The Debt Limit

Congress could make debt ceiling standoffs a thing of the past.
By 

Biden Signs Debt Limit Hike, Offering Reprieve Until December

The House passed the $480 billion increase in the country’s borrowing ceiling on Tuesday, after the Senate approved it on a party-line vote last week.
By Alexandra Jaffe, AP

Republicans Begrudgingly Vote For Debt Limit Deal McConnell Made With Democrats

They're only kicking the can down the road.
By 

Senate Republicans Offer Short-Term Deal To Avoid Debt Default

The debt limit standoff would pause until December if Democrats take Mitch McConnell's deal.
By 
and

Republicans Swear They Won't Blink On Debt Limit

They refuse to allow a straight up-or-down vote on lifting the debt ceiling, insisting on making the job as hard as possible with time quickly running out.
By 
and

There's A Really Simple Way To Raise The Debt Ceiling. Republicans Object To It.

All Republican lawmakers have to do is, well, nothing.
By 

Debt Limit Debacle

Senate Republicans successfully filibustered a House-passed bill that would’ve avoided a government shutdown.
By