US could hit debt ceiling as early as mid-July, study shows
The US could default on its $36 trillion debt as early as July and no later than October without congressional action, ...
US government could face default risk as soon as July, analyst projects
The U.S. government will risk defaulting on some of its $36.6 trillion in debt sometime between mid-July and early October ...
Think The National Debt Is Big Now? Wait Until Trump Tax Cut Extensions Hit
Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest rates rise, according to a new estimate by the Congressional Budget Office.
US debt reduction may become a drag, not a brag: Mike Dolan
The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
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Germany to sell €92.5B in government debt in Q2 amid rising borrowing costs
The Finance Agency in Germany plans to sell €92.5 billion in government debt in the second quarter of 2025, in line with the ...
US could default on debt as soon as July: Analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank ...
U.S. government debt extends selloff after jump in S&P services PMI
Treasury yields rose even further Monday morning after data showed the S&P U.S. services PMI rose to a three-month high of 54.3 for March, above economists' expectations. The benchmark 10-year yield ...
R12. 5bn in unpaid supplier invoices crippling small businesses as EC government leads debt crisis
Provincial governments are failing to pay R12. 46 billion in supplier invoices, with Eastern Cape responsible for nearly a ...
It's not just America with a debt problem. World governments face the highest debt costs since 2007.
"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...
Government debt interest costs hit highest level since 2007
Sovereign borrowing among the high-income group of countries is expected to reach a fresh record of $17tn in 2025, compared with $16tn in 2024 and $14tn in 2023, according to the OECD report. This ...
Australia Sees Lower Gross Debt Peak, Small Upgrades in Budget
Australia’s gross debt is set to peak at a lower level than anticipated when the Labor government took office, Tuesday’s ...