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Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn't worried and said you shouldn't be either. In a New York Times op-ed on Thursday, the Nobel laureate ...
The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told ...
Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal government is authorized to borrow to pay for obligations such as ...
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing ...
The U.S. just hit its debt limit, following Congress's failure to reach a deal to raise the debt ceiling. While the Treasury Department announced it would start implementing its "extraordinary...
First up: a 'mess' Markets would almost surely be in for a wild ride if the day known as the "X-date" arrives when the US government is no longer able to pay all its bills.
How to pay off debt early Carefully compare each repayment method and review whether your budget can handle the extra commitment until the debt is completely paid off.