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U.S. Treasury institutes "extraordinary measures" to cushion the country from default and keep paying the bills
U.S. Treasury institutes "extraordinary measures" to cushion the country from default and keep paying the bills
 
West Virginia Democratic Sen. Joe Manchin called on his fellow Democrats to negotiate with the Republican House majority over the debt ceiling.
West Virginia Democratic Sen. Joe Manchin called on his fellow Democrats to negotiate with the Republican House majority over the debt ceiling.
 
Calls for the creation of a trillion-dollar platinum coin to help the United States avoid defaulting on the national debt have resurfaced as the latest debt ceiling battle starts on Capitol Hill.
Calls for the creation of a trillion-dollar platinum coin to help the United States avoid defaulting on the national debt have resurfaced as the latest debt ceiling battle starts on Capitol Hill.
 
Sen. John Kennedy (R-LA) quipped about the pending debt crisis, expressing confidence that Congress will work to resolve the issue and hoping that President Joe Biden will negotiate with House Republicans to establish meaningful spending cuts.
Sen. John Kennedy (R-LA) quipped about the pending debt crisis, expressing confidence that Congress will work to resolve the issue and hoping that President Joe Biden will negotiate with House Republicans to establish meaningful spending cuts.
 
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
 
A San Francisco reparations committee proposed a plan to city officials last month that would pay longtime black residents of the Northern California metropolitan city $5 million each while granting total debt forgiveness for facing decades of “systematic repression.”
A San Francisco reparations committee proposed a plan to city officials last month that would pay longtime black residents of the Northern California metropolitan city $5 million each while granting total debt forgiveness for facing decades of “systematic repression.”
 
House Republicans, led by House Speaker Kevin McCarthy, are holding fast to their commitment to cut spending before they will raise the federal debt limit.
House Republicans, led by House Speaker Kevin McCarthy, are holding fast to their commitment to cut spending before they will raise the federal debt limit.
 
Utah Republican Rep. Chris Stewart said the fight over the debt ceiling is a critical opportunity to rein in government spending.
Utah Republican Rep. Chris Stewart said the fight over the debt ceiling is a critical opportunity to rein in government spending.
 
JPMorgan Chase CEO Jamie Dimon warned about the national debt, expressing concern that the federal government’s obligations will eventually create a financial meltdown even as markets exhibit apathy toward the problem in the near term.
JPMorgan Chase CEO Jamie Dimon warned about the national debt, expressing concern that the federal government’s obligations will eventually create a financial meltdown even as markets exhibit apathy toward the problem in the near term.
 
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
 
Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
 
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
 
Treasurer Folwell and Community Leaders Discuss How Eastern North Carolina Has Some of the Worst Medical Debt in the Nation, Listen to Community Perspective on Health Care Costs
Treasurer Folwell and Community Leaders Discuss How Eastern North Carolina Has Some of the Worst Medical Debt in the Nation, Listen to Community Perspective on Health Care Costs
 
If loan dollars are to flow, borrowers should be made to understand the terms.
 
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
 
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
 
The Biden administration began notifying Americans who applied for student loan forgiveness on Saturday that their requests had been greenlit, even as the controversial policy continues to move through the federal court system.
The Biden administration began notifying Americans who applied for student loan forgiveness on Saturday that their requests had been greenlit, even as the controversial policy continues to move through the federal court system.
 
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
 
Program-value and debt-to-income data are sufficient to protect the public interest.
Program-value and debt-to-income data are sufficient to protect the public interest.
 
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
 
But All Five Local Sales Tax Proposals Were Defeated
 
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
 
The Biden administration doubled down on its move to cancel student debt for millions of borrowers after a federal judge nixed the controversial program.
The Biden administration doubled down on its move to cancel student debt for millions of borrowers after a federal judge nixed the controversial program.
 
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
 
The Biden administration warned Americans Thursday that 16 million student loan debts already forgiven by his administration would resume if Republicans sweep the midterms next week.
The Biden administration warned Americans Thursday that 16 million student loan debts already forgiven by his administration would resume if Republicans sweep the midterms next week.
 
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
 
On Thursday, Senate Majority Leader Chuck Schumer cursed Republicans who oppose President Biden’s White House’s student debt forgiveness plan.
On Thursday, Senate Majority Leader Chuck Schumer cursed Republicans who oppose President Biden’s White House’s student debt forgiveness plan.
 
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
 
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
 
Building Back Together, a lobbying group that promotes the agenda of President Joe Biden, will spend six figures on a midterm advertisement campaign highlighting the commander-in-chief’s decision to nix student loan debt.
Building Back Together, a lobbying group that promotes the agenda of President Joe Biden, will spend six figures on a midterm advertisement campaign highlighting the commander-in-chief’s decision to nix student loan debt.
 
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
 
Elizabeth City Event Raises Awareness About Fight to Protect Patients from Crushing Medical Debt
Elizabeth City Event Raises Awareness About Fight to Protect Patients from Crushing Medical Debt
 
In a harsh indictment of how inflation under President Joe Biden is crippling Americans, credit card debt is soaring as consumers are faced with skyrocketing prices.
In a harsh indictment of how inflation under President Joe Biden is crippling Americans, credit card debt is soaring as consumers are faced with skyrocketing prices.
 
America's national debt just passed $31 trillion for the first time in history. Yikes! Don't worry though, we at The Babylon Bee have a few brilliant money-raising ideas up our sleeves that Congress probably hasn't heard of yet.
America's national debt just passed $31 trillion for the first time in history. Yikes! Don't worry though, we at The Babylon Bee have a few brilliant money-raising ideas up our sleeves that Congress probably hasn't heard of yet.
 
This week, U.S. President Joe Biden called into the radio show of personal finance guru Dave Ramsey, asking for financial advice for paying off his $31 trillion debt.
This week, U.S. President Joe Biden called into the radio show of personal finance guru Dave Ramsey, asking for financial advice for paying off his $31 trillion debt.
 
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
 
Two more legal challenges emerged last week against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
Two more legal challenges emerged last week against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
 
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
 
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
 
The Pacific Legal Foundation filed suit on Tuesday against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
The Pacific Legal Foundation filed suit on Tuesday against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
 
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