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 ...

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

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

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.

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 ...

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

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

Rep. Thomas Massie (R-Ky.) labeled the spending bill a “debt bomb ticking” on Thursday ahead of the House vote passing legislation along party lines following an all-night marathon session. The ...

Republicans in the U.S. House are working on a deal to pass President Trump's tax cut and spending bill amid debates over its ...

Moody's Ratings on Friday downgraded the nation's debt, citing the potential for the ... which assesses the impact of policy for Congress. The GOP bill also includes other new tax breaks that ...

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 ...