Debt forgiveness vs. Chapter 11 bankruptcy: How to choose the best option
W hen you're facing increasing amounts of debt without a way to pay it off, the path forward isn't always clear. As a result, ...
Fed's QT pause, Treasury's debt plans may offer fleeting relief to US bonds
A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against ...
Speaker Mike Johnson weighs in on DOGE stimulus checks, prefers paying off national debt
House Speaker Mike Johnson said stimulus checks tied to DOGE actions would make the Republican party look good, but added he ...
Banks Pull Debt Deals as Investors Push Back on Aggressive Terms
Banks have pulled a handful of US leveraged loans from the market this month, as investors are pushing back on aggressive ...
Trump floats using DOGE savings to pay Americans, pay down debt
President Trump on Wednesday said his administration is considering using some of the money saved from Elon Musk and his team ...
South Florida man shares story of struggle with thousands of credit card debt
CBS News Miami's Joe Gorchow reports how the man is working his way out and the nonprofit that helped him out.
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Under House Budget Plan, Debt Limit Would Likely Be Reached by Fall 2026 Despite Increase
If all of the policies assumed in the budget plan the House Budget Committee (HBC) approved on February 14 were enacted, the ...
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The IRS can reduce your tax refund if you owe for certain debts
If you have jointly filed your tax return, you may be able to limit how much of the joint refund is reduced. The IRS says ...
What Legislators Think About DOGE Stimulus Checks
A proposed "DOGE Dividend" check has stirred debate among U.S. senators—with some pointing to the need to balance the budget and address inflation first.
Spirit Airlines just cleared a big financial hurdle. What the change means for travelers
Spirit Airlines has cleared its biggest financial hurdle so far, allowing the Broward-based company to continue flying. The U ...
Paying down the debt will help Americans VASTLY more than DOGE ‘dividends’
On Wednesday, the president said he was considering giving voters 20% of the savings DOGE finds, either in the form of tax ...
Rising Debt, Delinquency, and Lenders’ Challenges
By the end of 2024, Americans’ credit card debt reached an all-time high of $1.21 trillion—up $45 billion from the previous quarter and 7.3% higher than in 2023. A major factor in this increase was ...