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The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on time as soon as August if lawmakers fail to raise or suspend the debt limit.
"That restriction would ultimately lead to delayed payments for some activities, default on its obligations ... in borrowing rates for the Treasury." US GOVERNMENT'S FISCAL STRENGTH DETERIORATING ...
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...
WASHINGTON (Reuters) - The U.S. government will risk defaulting on some of its $ ... A 2023 debt ceiling showdown pushed the U.S. to the brink of default and hurt its credit rating.
The Congressional Budget Office, CBO, has warned that the United States government could run out of money to pay all of its bills on time as soon as August. CBO said this would happen if lawmakers ...
Trump is restarting collections on defaulted student-loan balances in two weeks. It could impact federal benefits, like ...
The Trump administration is set to resume harsh collections on student loan defaulters starting May 5, risking tax refunds, ...
The United States government is resuming aggressive collection efforts on federal student loans after a pause of over five ...