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Bessent warns US on debt limit 'warning track'

Bloomberg · 20h

Bessent Says US on Debt-Limit ‘Warning Track,’ But No Timing Yet

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its capacity to stay within the federal debt limit, while refraining from offering a specific timeframe on Tuesday.

Shanghai Metals Market · 9h

Bessent Warns That the US Has Reached the "Warning Line" of Debt, but Still Insists It Will Not Default

Once the US Treasury's so-called "extraordinary measures" or special accounting techniques are exhausted, the US government will face the risk of debt default unless legislators and the President agree to lift the restrictions on the government's borrowing capacity.

USA TODAY on MSN · 17h

Treasury Secretary Scott Bessent on X date, says US won't default

Treasury Secretary Scott Bessent said they are unclear still of the looming X date, when the U.S. would breach the debt ceiling.

Student Loan Debt Collection Resume For Defaulted Borrowers

Student Loan Debt Collection Resumes For Defaulted Borrowers After 5-Year Pause

Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers can do to avoid losing part of their paycheck.

CNN on MSN · 1d

How are you managing federal student loan debt?

A record-high percentage of student loan borrowers are delinquent, and the federal government is resuming collections on accounts in defaults. These developments are coming at a time when steep tariffs threaten to increase already high costs of living.

NBC 5 Dallas-Fort Worth on MSN · 1d

Federal government resumes student loan collections after pandemic pause

On May 5, the federal government will start collecting on defaulted student loans after a years-long pandemic-era pause. Here's what you need to know.

2h

Government debt to hit $1 trillion as soon as September

Economists are urging the re-elected Albanese government to prioritise getting the budget in order or else risk losing the ...

5d

Sound Money In An Age Of Debt

A move toward a sound money system could strengthen global trust in the currency and reduce reliance on fiat money.

1don MSN

Government is aggressively going after delinquent student loan borrowers. What you need to know

ATLANTA — For the first time in years, the government is aggressively going after borrowers who are late on their student ...

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