Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this bor ...

Republicans in the U.S. Congress advanced elements of President Donald Trump's sweeping budget package on Wednesday after a ...

Plus: President Trump pledges to end sanctions against Syria. | Cassandra “Cassie” Ventura Fine testified against ...

Western Asset High Income Fund II (HIX) offers a high dividend yield of 14.3%, but its inconsistent earnings history raises ...

The 389-page bill includes numerous tax provisions, including a top individual income tax rate of 37%. An AICPA statement ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the ...

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

For decades, economists have debated how much debt a rich country can safely shoulder. We know there is a fiscal limit beyond which the old trick of “waiting until tomorrow to cut spending ...

He added that he was more concerned about when the debt limit expires later this year. “That is a hard deadline for us,” Thune said. Bessent’s July 4 timeline puts additional pressure on ...

The eligibility for LIC AAO is primarily divided into three parts i.e. age limit, educational qualification, and nationality. Ensure you meet all requirements before form submission to avoid ...

Higher revenues from tariffs mean Wall Street analysts have pushed back their expectations for when the US government will run out of money under the debt ceiling. The so-called X-date ...

Each fall, the U.S. Department of the Treasury releases cost-of-living adjustments (COLAs), which determine the contribution limits to IRAs and the deduction amounts for some savers. Those ...