President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

In 2022, Congress passed the Bankruptcy Threshold Adjustment and Technical Corrections Act (the “Act”), raising the debt limits for bankruptcy cases under the Small Business Reorganization Act (“SBRA, ...

In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and foreign investors choose to hold as wealth. In other words, one country’s “debt” ...

U.S. President-elect Trump attends a Turning Point USA event in Phoenix, Arizona WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then ...

We’ve gotten a preview of the next four years in the space of a few hours on Wednesday. Elon Musk provided the shock troops to topple an end-of-year spending deal, and Donald Trump provided the final ...

Over 140 bipartisan lawmakers wrote to oppose the Education Department's plan to place new student-loan limits on nursing ...

This study aims to explore the impacts of U.S. debt ceiling uncertainty on crude oil markets and further reveal the specific ...

The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are different than when Congress fails to fund the government. The recently ...

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off the ...

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 U.S. government will reach its borrowing limit on Tuesday, according to Treasury Secretary Janet Yellen. The Treasury Department will take "extraordinary measures" to avoid breaching the debt ...

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