The One Big Beautiful Bill would limit loan forgiveness and tighten borrowing rules for federal student loans.

President Trump’s tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high amid ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

U.S. Treasury Secretary Scott Bessent on Friday offered his take on the bond market’s moves, after many analysts said a surge in Treasury yields was ...

Two days after the downgrade, a House committee voted to move forward a bill that would increase deficits by nearly $3 ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

The “debt doesn’t matter” consensus had a strong start. During the coronavirus pandemic, Congress spent trillions of dollars to keep the economy on life support without worrying about paying for it.

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

President Trump’s tax policies would add roughly $3.8 trillion to the national debt, according to an analysis released ...

Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.

the ratings firm that downgraded the nation’s debt pointed to ongoing gridlock in Congress and the potential enactment of a Republican fiscal plan that is projected to add trillions of dollars ...