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, ...

U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President Donald Trump’s ...

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

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

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 ...

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.

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

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 ...