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Senate Minority Leader Mitch McConnell has placed the onus on House Speaker Kevin McCarthy to negotiate a debt ceiling solution with the White House.
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We have been here before. But this time the House's new Republican majority is largely driven by a faction that says it will hold the debt limit vote as a hostage to win policy changes.
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NPR wants to know if it's becoming harder to pay off outstanding credit card balances these days.
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The U.S. is undertaking "extraordinary" measures to avoid defaulting on its obligations after the country reached its debt limit on Thursday. Now, a big political fight looms.
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House Republicans want to leverage must-pass legislation to raise the debt limit to extract federal spending cuts, but President Biden and congressional Democrats aren't interested in negotiating.
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From an obscure congressional maneuver to a trillion-dollar coin, there are many ideas out there to help the U.S. avoid debt default, but they are untested and have major potential problems.
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More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.
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New policies to keep medical bills from sinking credit ratings sound good but will likely fall short for many hit hardest by debt — especially Black Americans in the South, such as Penelope Wingard.
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Across the U.S., many hospitals have become wealthy, even as their bills force patients to make gut-wrenching sacrifices. This pattern is especially stark for health care systems in Dallas-Fort Worth.
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Veterinarian clinics in rural towns have been dramatically declining in numbers for decades. Rural veterinarians often get paid less than urban practitioners, take on more workload, and carry thousands of dollars in debt from medical school.