Latest in Government Borrowing
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Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.Business - CNBC - October 25 -
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...Politics - The Hill - October 25 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
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3 ways President-elect Donald Trump's next term may impact student loan borrowers
The former president will return to the White House in January 2025 following his win over Vice President Kamala Harris.Business - CNBC - 4 days ago -
How to say 'no' when family and friends ask to borrow money, from a financial therapist
Here's one way to set financial boundaries with friends or family members and how to manage guilt when you need to say no, according to a financial therapist.Business - CNBC - 2 days ago -
I’m 69 and have $10,000 in legal bills from my divorce. Is now the time to borrow from my IRA?
“I never dreamed I’d be in this position.”Business - MarketWatch - 10 hours ago -
What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’sBusiness - MarketWatch - 7 hours ago -
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UK government not considering Scottish visa to attract migrants
Sir Keir Starmer has been urged to transfer powers to the Scottish government to help address labour shortages.Top stories - BBC News - October 16 -
Israel Strikes at Hezbollah in Southern Lebanon, Hitting City Building
The mayor of Nabatieh was killed, according to Lebanese state media, in an air raid that Israel said was targeting Hezbollah.World - The Wall Street Journal - October 16 -
Government to give magistrates more sentencing powers
Magistrates in England and Wales will be able to jail offenders for up to 12 months from November to stop cases clogging up crown courts.Top stories - BBC News - October 17 -
Sustainable Aviation Fuel Projects Get Government Boost
The Department of Energy offered conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects in Montana and South Dakota.Business - Inc. - October 17 -
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UK government to launch HS2 review as costs spiral
Transport secretary Louise Haigh says delivery of rail link project has been ‘dire’Business - Financial Times - October 20 -
What are things coming to if a multinational can’t humble a government?
A behind-the-scenes look at the work of Rutherford Hall, critical communications strategistWorld - Financial Times - October 21 -
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In Oklahoma, we know that government kills opportunity
Endless litigious delays and overreaching environmental rules choke businessesPolitics - The Hill - October 21 -
English smacking ban being considered by government
Government ministers are considering outlawing physical punishment of children, Department for Education confirms.Top stories - BBC News - October 21 -
Flemming Awards celebrate dedication, public service in government
Twelve public servants will be honored next month at the 75th anniversary of the Arthur S. Flemming Awards, an honor given to those who advance equity in their government work. While working in the ...Politics - The Hill - October 22 -
Calls for UK government to discuss siblings' return
Sara’s five siblings have been in Pakistan since the defendants travelled with them in August 2023.Top stories - BBC News - October 22 -
Workers could get right to strike for a year
A government document says the mandate to take industrial action could be extended.Top stories - BBC News - October 23 -
Disposable vapes to be banned from June
Ministers say the Tobacco and Vapes Bill is intended to prevent environmental damage and protect children's health.Top stories - BBC News - October 24 -
New Guidelines Serve as Government ‘Guardrails’ for A.I. Tools
A national security memorandum detailed how agencies should streamline operations with artificial intelligence safely.Business - The New York Times - October 24 -
Government to Launch Probe into Air Travel Competition Market
President Joe Biden has prioritized airline competition, stopping consolidation efforts throughout the industry.Business - Inc. - October 24 -
Chris Mason: Big week ahead and a chance for a government reset
After a stuttery start for the government, this week could allow them to set the tone of the coming years.Top stories - BBC News - October 25 -
Voters: Beware the government’s China problem at home and abroad
If the public turns a blind eye to the Chinese government’s actions within our borders and to the broader implications of foreign policy on domestic security, who will pay attention?Politics - The Hill - October 26 -
Trump’s women problem will elevate Harris and transform governance
Polls show Donald Trump struggling to get the same levels of support among women that he got in past elections.Politics - The Hill - October 27 -
Japan Election: Governing Party Projected to Lose Majority
The Japanese electorate appeared to punish the Liberal Democrats, leaving it unclear whether the party would be forced to expand its coalition to stay in power.World - The New York Times - October 27 -
Reeves embarks on Budget that will define Labour government
Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on WednesdayBusiness - Financial Times - October 28 -
Local government has become a chokehold for Chinese business
Beijing is promising change, but it comes at an unsettling priceWorld - Financial Times - October 28