This is the calamity Washington is trying to avoid with a debt ceiling deal
As debt ceiling drama in Washington continues to unfold, the US could reach a day when it can't meet its financial obligations. In the debt limit fight, a missed payment is different than a debt default.
2023-05-28 17:28
Student loan payment pause will end this year, education secretary confirms
The pause on federal student loan payments is still set to end later this year, Education Secretary Miguel Cardona confirmed this week.
2023-05-18 02:19
If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:51