The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecasted ...

U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach PALM BEACH, Florida (Reuters) -President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the ...

Donald Trump will have to convince Congress to agree to raise the debt limit to fulfil his economic agenda - Evelyn Hockstein/Reuters America risks defaulting on its debts for the first time in ...

Borrowers in default could see their wages garnished or Social Security benefits seized. Here's what you need to know. The Trump administration's announcement this week that it will restart debt ...

The government plans to seize portions of borrowers' paychecks to the cover defaulted debts. Here's what you should do now to ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

The Department of Education announced Monday that it will resume collections on student loan debt next month, including by garnishing the wages of borrowers in default. Collections, which have been ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while missing a debt payment or two is stressful, outright ...

Unfortunately, however, depending on financing can lead some small businesses to financial hardship and loan default. As payments are missed and the possibility of default looms, the type of lender, ...

Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is “on the warning track and we will never hit the wall.” “The United ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) – The federal government could ...