Latest in Federal Debt Expensive
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Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...The Hill - Jan. 13 -
House Republicans and Trump discuss tying California wildfire aid to debt ceiling
The current California fires could become the costliest natural disaster in U.S. history.Politico - Jan. 13 -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - Jan. 13 -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - Jan. 12 -
Federal Court Blocks Transfer of Guantánamo Convict to Prison in Iraq
The Iraqi prisoner had sued the Biden administration, saying he would be at risk for abuse at a prison in his homeland.The New York Times - Jan. 12 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
I’m a Federal Employee. This Is What We Need Most in the Trump Era.
Practical support matters more than encouragement.The New York Times - Jan. 12 -
With federal gun control on ice, advocates look to other solutions for school shootings
Advocates are urging greater action against school shootings in 2025, saying the only way to slow the bloodshed is a combination of moves from legislators, schools and parents. Multiple trackers ...The Hill - Jan. 12 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.MarketWatch - Jan. 11 -
Tulsa Massacre Was a ‘Coordinated, Military-Style Attack,’ Federal Report Says
The Justice Department’s conclusion follows an investigation of the 1921 atrocity in Oklahoma in which up to 300 Black residents were killed.The New York Times - Jan. 11 -
Monfils, 38, oldest to win ATP title, passing Federer
French veteran Gael Monfils, at 38 years and 132 days, became the oldest player to win an ATP Tour title after beating Zizou Bergs 6-3, 6-4 in Auckland on Saturday.ESPN - Jan. 11 -
How federal agencies are responding to the Southern California wildfires
With the Los Angeles-area wildfires expected to be one of the most expensive disasters in California history, Margaret Brennan examines how the federal government is offering to help.CBS News - Jan. 10 -
U.S. stocks are expensive ‘on almost any valuation metric.’ Why they could remain so for a while.
U.S. stocks are trading at a pretty lofty level, but investors shouldn’t expect mean reversion anytime soon, according to BofA Global Research.MarketWatch - Jan. 10 -
Can I move money from my IRA to an HSA? ‘Medical expenses keep growing.’
“If there was a way to pay for them out of pretax funds, it would be most helpful.”MarketWatch - Jan. 10 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
8 ways a credit card debt lawsuit can be dismissed
If you're being sued over delinquent credit card debt, there are a few ways you could get the lawsuit dismissed.CBS News - Jan. 10 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
DC sues federal government over pollution in Anacostia River
The District of Columbia is suing the federal government over pollution in the Anacostia River, hoping it will lead to a cleanup of the urban waterwayABC News - Jan. 10 -
Rudy Giuliani back in D.C. federal court for contempt hearing in defamation case
Two Georgia election workers asked a federal judge to hold Rudy Giuliani in contempt for allegedly continuing to defame them in violation of a court order.CBS News - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
Biden pledges federal support in California for 180 days, well into Trump's term
President Biden on Thursday announced the federal government will support California’s efforts to fight the raging wildfires for 180 days. “We’re doing literally everything we can at a federal ...The Hill - Jan. 9 -
Federal judge strikes down Biden Title IX rules
A federal judge in Kentucky struck down changes made to Title IX by the Biden administration Thursday, ruling that the new regulations, which had sought to expand nondiscrimination protections for ...The Hill - Jan. 9 -
What happens if you deny a credit card debt settlement offer?
There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.CBS News - Jan. 9 -
FEMA director discusses federal response to massive Palisades Fire
FEMA Administrator Deanne Criswell joins "CBS Mornings" to talk about the federal government's response to the Palisades Fire, which has burned over 17,000 acres in Los Angeles County and left ...CBS News - Jan. 9 -
How to pay less interest on credit card debt in 2025
There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.CBS News - Jan. 9 -
Judge agrees to delay George Santos' sentencing in federal fraud case
Calling it a “one-time courtesy,” the judge granted George Santos' request to push his sentencing -- but not by as much as the former New York representative requested.ABC News - Jan. 9 -
Biden says he is deploying federal resources to California amid wildfires
President Biden received a fire briefing in Santa Monica, California, on Wednesday before returning to Washington, D.C. He said he is deploying federal resources to the region. CBS News chief White ...CBS News - Jan. 8 -
Wildfires are ‘the best argument for why we need the federal government’: California Congresswoman
Rep. Sydney Kamlager-Dove (D-Calif.) joins Meet the Press NOW to discuss how the federal government is assisting constituents affected by the wildfires in Los Angeles County.NBC News - Jan. 8 -
Can you take out a HELOC with high credit card debt?
A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?CBS News - Jan. 8 -
What happens when you lose a credit card debt collection lawsuit?
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.CBS News - Jan. 8