U.S. National Debt Reaches Highest Ever, 2 Months Into Biden Presidency
As of March, the national debt reached an all-time high of $28 trillion, and experts are predicting that amount to increase by the end of 2021.
Federal Government Pausing Over 1M Privately Held Defaulted Student Loans
U.S. Education Secretary Miguel Cardona on Tuesday announced an expansion of the federal effort to provide relief to student loan borrowers during the COVID-19 pandemic.
Sen. Pat Toomey Blocks Bill Protecting Stimulus Money from Debt Collectors
"My colleagues want to come here and block a valid legal claim from being honored," Sen. Pat Toomey (R-Pa.) protested while blocking a Democratic proposal to prevent debt collectors from seizing the $1,400 stimulus payments included in President Joe Biden's American Rescue Plan.
Struggling Americans Use $1,400 Stimulus Checks for Bills, Taxes and Debt
One poll says that roughly 52 percent of Americans who receive stimulus checks will use mostly use it to pay off debt.
Your Stimulus Check Could Be Seized If You Owe These Debts
The IRS could potentially use stimulus funds claimed through Recovery Rebate Credit to cover any tax debt owed.
Why Progressives Need to Worry About High Public Debt
The decline in Americans' trust in government is roughly correlated with the rise in public debt over the same time frame.
Global Government Debt Expected to Surpass $92 Trillion by End of 2021
Global government debt increased by an estimated $24 trillion last year, according to the Institute of International Finance.
72-Year-Old Man Has Vaccine Appointment Cancelled Over $244 Medical Debt
"I never expected to have to pay up and be square before I could get the vaccine," Michael Rogan told KUSA on Thursday.
Government Debt Now: The More, the Better
Our elected officials in Washington, D.C. must help struggling families who need assistance.
The U.S. Is Already Facing a Debt Crisis
The U.S. is overdosing on debt, and Congress has no plan other than to keep borrowing.
Fact Check: Can Joe Biden Eliminate All Healthcare Debt By Executive Order?
As President Biden continues to sign executive orders, some wonder if he could solve the issue of medical debt with a stroke of his pen.
Trump, RNC Raised $86M Amid Election Challenge, Paid Capitol Protest Firm
Friday filings with the Federal Election Commission shed some light on how the money was spent, with more disclosures expected Sunday.
'My Family Wrote off $650,000 of Cancer Patients' Debt'
To me, the highest honor comes when somebody puts his or her life in your hands. To be a physician or a nurse is, to me, something bigger than a transaction.
Church Pays Off $5 Million of Iowans' Medical Debt for Christmas
"Our goal as a congregation is to give people a good start on 2021," said Reverend Minna Bothwell of the Capitol Hill Lutheran Church in Des Moines, Iowa.
Without Stimulus, Low-Income Americans Use Credit Cards, Wealthy Pay Debts
An inability to pay their credit card bills could negatively affect people's credit scores, making it more difficult for them to acquire future housing and education.
The World Is $277 Trillion in Debt So Why Aren't Economists More Worried?
Economists are keeping calm, carrying on and using war analogies to assure the public that everything will be ok.
Biden's Student Loan Forgiveness Plan Is Idiotic and Immoral
American higher education needs a wrecking ball—not a bailout.
Deutsche Bank Discussed Selling Trump's Loans, Feared No Buyers: Report
Senior bank officials at Deutsche told Reuters the lender was tired of negative publicity around its relationship with the president.
Why Government Debt Doesn't Matter Right Now
U.S. government debt for 2020 alone totaled about $27 trillion by the end of the fiscal year, with a $3.13 trillion budget deficit.
Tucson Mayor Warns Trump to Follow COVID Guidelines Ahead of Rally
Mayor Regina Romero called on Trump to "lead by example" and follow ordinances requiring people to wear masks and maintain social distancing.
Most Americans Put Stimulus Checks in Savings or Used Funds to Pay Debt
A majority of Americans who received stimulus payments and unemployment benefits due to the COVID-19 pandemic put their money into savings or used it to pay down debt, according to a pair of new surveys.
Biden Is Trying to Bribe Voters With Student Loan Forgiveness
Promising tens or even hundreds of thousands of dollars to young people is nothing short of bribery.
Budget Deficit Hits Record Days After China Says It May Dump U.S. Debt
The $3 trillion deficit between October and August, worsened by coronavirus relief spending, more than doubles the previous all-time high shortfall of $1.37 trillion set in 2009.
National Debt Projected to Exceed Total GDP for First Time in 70 Years
The Congressional Budget Office estimates that the federal debt will exceed 100 percent of GDP in 2021.
Germany's Debt From Coronavirus Won't Be Repaid Until 2058
Merkel said Germany can afford all of the EU's coronavirus relief measures, but other countries should be prioritized over Gemany.
College Students Blast Tuition Fees, Say Schools Now 'Capitalist Business'
Students at colleges across the U.S. are petitioning their schools to reduce tuition costs for online-only courses, accusing admins of exploiting unused fees and operating like "capitalist businesses."
Half of Americans Have Saved More Money Than Usual Since Pandemic Began
A recent poll found that 45 percent of Americans said they were putting more money into savings than usual, and 26 percent said they're paying down debt faster than before the pandemic began.
Memphis Woman With COVID-19 Evicted Over Medical Debt That Isn't Hers
Nelson was evicted due to medical debt that her mother-in-law accrued before she died. Nelson inherited the house from her.
Under Trump's Watch, America's National Debt Has Increased by $6.6 Trillion
The swelling amount is at odds with Trump's promises before he was elected, when he said he would eliminate the nation's debt "over a period of eight years."
Republican Rand Paul Criticizes GOP For Adding To National Debt
The Kentucky senator denounced his Republican colleagues in comments to reporters on Tuesday, targeting their spending proposals for the next coronavirus relief package.