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Trump Tossed a Debt Limit Grenade Into Spending Talks. Here’s Why.
President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term.The New York Times - 20h -
Democrats dodge a debt ceiling deal
After years of decrying GOP hostage-taking, they're balking at Donald Trump's request for a clean increase to the borrowing limit.Politico - 22h -
MacKenzie Scott gives rare third gift to medical debt relief group
MacKenzie Scott continues to make medical debt relief a priority in her mysterious givingABC News - 2d -
Trump floats extending debt ceiling to 2029
President-elect Trump reiterated his support for abolishing or raising the debt ceiling, after House Republicans failed to advance a continuing resolution that would keep the government funded past ...The Hill - 7h -
Trump throws debt limit into shutdown fight
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Why Trump wants the debt limit off his plate President-elect Trump's recent ...The Hill - 21h -
Trump wants debt ceiling raised or scrapped in new government funding bill
President-elect Donald Trump is calling on Republicans to either raise or abolish the debt ceiling in a new spending bill to keep the government funded. CBS News political correspondent Caitlin ...CBS News - 1d -
Why Trump wants Congress to abolish the debt ceiling
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling.CBS News - 1d -
Jeffries dismisses Trump debt ceiling demand: ‘Hard pass’
House Minority Leader Hakeem Jeffries (D-N.Y.) dismissed President-elect Trump’s demand to increase the debt ceiling, saying he was a “hard pass” on the idea. “GOP extremists want House Democrats ...The Hill - 1d -
Elizabeth Warren backs Trump call to eliminate debt ceiling
Sen. Elizabeth Warren (D-Mass.) on Thursday supported President-elect Trump’s pressure on lawmakers to eliminate the debt ceiling. “I agree with President-elect Trump that Congress should terminate ...The Hill - 1d -
Trump says Congress should eliminate the debt ceiling
NBC News’ Garrett Haake spoke to President-elect Trump about his opposition to a government funding deal in Congress to avoid a shutdown. Trump also said Congress should abolish the debt ceiling, ...NBC News - 1d -
Trump calls for abolishing the debt ceiling
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he came out against a deal reached by congressional lawmakers to fund the government before ...NBC News - 1d -
Trump says US should get rid of debt ceiling
President-elect Trump said Thursday he would support abolishing the debt ceiling as he pushed the issue to the center of government spending talks with just days to avert a shutdown. Trump told NBC ...The Hill - 1d -
Lawmakers caught off guard by Trump debt ceiling demand
Lawmakers on both sides of the aisle appeared caught off guard on Wednesday as President-elect Trump demanded that a debt ceiling hike be paired with a stopgap government funding bill, rejecting a ...The Hill - 1d -
8 things you should never say to a credit card debt collector
Saying the wrong thing could accidentally validate an expired debt or waive important legal rights.CBS News - 3d -
Medical debt totaling $30 million to be paid off in Connecticut
Connecticut has become the latest state to begin notifying its eligible citizens that some or all of their medical debt will soon be paid offABC News - 3d -
Relief for thousands of families burdened by crushing medical debt
After NBC's reporting on a large hospital system that placed liens on homes of patients who owed medical debt, the company removed the liens and canceled judgments against thousands of patients. ...NBC News - Dec. 13 -
How to succeed with debt relief
By taking the right steps now, you can set the stage for lasting financial freedom in the future.CBS News - Dec. 12 -
3 expensive credit card debt forgiveness mistakes to avoid right now
If you're trying to have your credit card debt forgiven, make sure to avoid these big (but common) missteps.CBS News - Dec. 12 -
Trying to settle your credit card debt? Watch these 4 red flags
Knowing the warning signs of illegitimate debt settlement companies can help you avoid scams and save money.CBS News - Dec. 12 -
Chicken wing and Shakira-backed debt floods Wall Street
Plus, Evergrande’s liquidators go after a private jet and an $800bn asset manager prepares to sue over Credit Suisse debt wipeoutFinancial Times - Dec. 11 -
Carer's Allowance overpayment debt rises to £250m
Some carers have been forced to pay back thousands of pounds, leaving many in financial hardship.BBC News - Dec. 11 -
What are the fastest ways to get rid of $5,000 in credit card debt?
If you've racked up $5,000 in credit card debt, these strategies can help you tackle it faster than you'd expect.CBS News - Dec. 10 -
Wall Street’s complex debt bonanza hits fastest pace since 2007
Banks sell bonds backed by revenues from chicken wings, music catalogues and oil wellsFinancial Times - Dec. 10 -
AllianceBernstein to sue Switzerland over $17bn Credit Suisse debt wipeout
US asset manager will join case over decision when UBS took over struggling rivalFinancial Times - Dec. 10 -
Pimco cuts exposure to long-dated US debt as deficits swell
Decisions by the world’s biggest active bond fund manager have potential to trigger valuation changes across marketsFinancial Times - Dec. 9 -
4 reasons to pursue credit card debt forgiveness this December
There are multiple reasons why you may want to pursue credit card debt forgiveness now. Here are four to know.CBS News - Dec. 9 -
7 reasons to consolidate your credit card debt this holiday season
If you're trying to get rid of high-rate credit card debt, consolidation could be a smart move right now.CBS News - Dec. 6 -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial Times - Dec. 6 -
Can I still use my credit card after debt consolidation?
You may be able to use your credit cards after consolidating, but that isn't always the best financial move.CBS News - Dec. 5 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
3 credit card debt relief strategies to consider for 2025
If you want to break the credit card debt cycle in the new year, these strategies could come in handy.CBS News - Dec. 4 -
BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt
Buy Now Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.Inc. - Dec. 4 -
How to keep your credit card debt low during the holidays
Swiping that plastic can be tempting when shopping over the holidays. Here's how to avoid it.CBS News - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - Dec. 4 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - Dec. 2