U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth
The federal government’s fiscal year ended last month, and the final tally offered another stark warning about the trajectory of
IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports
BANGKOK, Oct 14 (Reuters) – The United States cannot grow its way out of mounting public debt without tax or
The Federal Government Ran Up a $2 Trillion Deficit in 2026
Congress hasn’t balanced the budget in 25 years.Fiscal year 2026 ended last week, and while official figures aren’t out yet,
‘Uncharted territory’: The $40 trillion U.S. national debt just got uglier as interest payments rise to $1.25 trillion a year
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated
Education Department’s New Plan For Student Loans May Be A Trap
As millions of federal student loan borrowers get pushed out of affordable repayment plans, the Education Department is stepping up efforts to persuade them to
Trump’s student loan overhaul could lead to more bankruptcy filings, former judge
In Judge Sarah Sharer Curley’s nearly three decades presiding over bankruptcy cases, some were especially painful to witness, she said — such as the 73-year-old
U.S. Department of Education Extends Enrollment Period for Student Loan Interest Rate
Nearly 2 Million Federal Student Loan Borrowers Have Enrolled in Auto Pay Today, the U.S. Department of Education (the Department) extended the enrollment period for
Student loan borrowers sue Trump administration over forgiven debts on credit reports
A group of student loan borrowers sued the Trump administration on Thursday, alleging they suffered unexpected financial damages despite getting their debts forgiven years ago.
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