Medical debt doesn't just vanish, but are there time limits on this type of debt? Or does it linger indefinitely?

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and ...

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few days after Treasury Secretary Scott Bessent called on Congress to raise ...

The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...

There are several signs House Republicans will agree to raise the debt ceiling without demanding huge concessions in spending cuts. "Several different people have emailed to say the House GOP in ...

A new study from King's Business School at King's College London and the Federal Reserve Board shows most credit-limit ...

A mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...