debt

US Election 2024

New fiscal responsibility group wants Trump to show he’s serious about debt crisis

The Concord Coalition has launched a new advocacy group, Concord Action, aimed at pressuring Congress to address America’s $36 trillion…

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Business

Gap widens between financially stable Canadians and those struggling with debt, says report

Inderjeet and Sonya Singh are in an unusual situation. The couple owns a home in Toronto, but after interest rates…

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US Election 2024

Trump budget bill raising debt limit by $4T advances in House

A significant bill that aims to advance a wide array of President Donald Trump’s policy goals has overcome a crucial…

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US Election 2024

Steve Scalise pledges ‘robust’ reconciliation bill, floats debt limit plan

House Republicans in Doral, Florida are gearing up for a busy few weeks as they face three fiscal deadlines and…

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Business

Montreal fashion brand Frank and Oak, over $70M in debt, files for creditor protection

Montreal-based retailer Frank and Oak has filed for creditor protection for the second time this decade, seeking relief from $71…

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US Election 2024

House Republicans agree on Plan B government funding bill with Trump’s debt limit increase

House Republicans have reached an agreement on a contingency plan to prevent a government shutdown before the looming Friday deadline.…

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US Election 2024

Two new student debt relief programs from Biden barrel towards imminent release

As the Biden administration approaches its final days, two new student debt relief programs are on the brink of being…

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US Election 2024

Capitol Hill braces for high-stakes showdown over $36T US debt crisis

A potential showdown over the U.S. debt limit is projected to hit Capitol Hill by mid-June, according to a new…

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US Election 2024

House passes nearly $1 trillion defense spending bill, adding to US debt of $36 trillion

House veterans Cory Mills, a Republican from Florida, and Seth Moulton, a Democrat from Massachusetts, recently appeared on ‘Fox News…

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US Election 2024

California’s unemployment benefits system ‘broken’ with $20B owed to feds in loan debt: report

California’s unemployment insurance (UI) financing system is in dire need of a complete overhaul, according to a recent report from…

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