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The Trump administration is making significant changes to how it deals with student debt. It has resumed loan collections ...
KARACHI: Pakistan faces another challenging year of external debt servicing in FY26, requiring significant rollovers to manage repayments totalling $25.9 billion, including $22bn in principal and $4bn ...
A view of the US Capitol Building at dawn, in Washington, DC, USA, 03 July 2025. GRAEME SLOAN/EPA/Shutterstock Here’s a breakdown of what’s in the plan. Taxes ...
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse ...
Under current debt projections, economists cannot even model out a functioning long-term economy.
The rise of the federal debt over the past two decades has prompted countless warnings that the United States is approaching a fiscal reckoning, a day when the government won’t be able to drink ...
The new debt limit projection was tucked into the agency’s monthly budget update, which found a nearly $1.4 trillion deficit for fiscal 2025 so far through the end of May. That’s running about ...
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