Mortgage rates rose again this week, with the average 30-year fixed rate climbing past 6.8%. That’s not just a post-pandemic hangover; it’s a warning sign. Behind the scenes, rising government debt is ...
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Millions paycheck could shrink January 7 as government debt crackdown is about to hit workers
Millions of Americans face paycheck cuts starting January 7, 2026, as the federal government restarts student loan wage garnishments. Up to 15% of after-tax income can be withheld for defaulted loans.
US Debt Danger as the American economy in crisis or financial trouble due to spending with a fear of ballooning deficit in the United States economic situation as a huge risk to Washington. The impact ...
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country's mounting debt comes as the government remains closed, disrupting the ...
The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, ...
The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That's the kind of debt surge America usually racks up in wartime or during major national ...
Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...
The United States has a hair-on-fire problem: its debt. This reality is not disputed by pretty much any credible person or entity, including the Treasury and the Fed. U.S. government debt is massive, ...
We're continuing to track the big tax and spending bill winding its way through Congress, which would add $2.4 trillion to the U.S. government deficit over 10 years, according to the nonpartisan ...
Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...
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