As 2025 approaches, America’s fiscal health is in serious trouble with a ballooning federal debt exceeding 100% of the GDP.
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy ...
Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal ...
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
1, 2025. Notably however, Yellen said, on Jan. 2 the debt is projected to temporarily decrease due to a scheduled redemption ...
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...
Consumers are “clearly on track” to smash record-breaking spending levels after doling out as much as $989 billion over the ...
President-elect Donald Trump is ready to do away with it, not that he was at any risk of having it used against him.
President-elect Trump has thrown a wrench into government funding negotiations with his call to eliminate the debt ceiling ...
Germany will reduce federal debt sales by 13% next year as the government scales back despite a sputtering economy and ...
Former President Donald Trump is reportedly gearing up to revamp federal loan forgiveness programs in 2025, aiming to address ...