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Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories: ...
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Will debt really be the US’ downfall?
On May 16, 2025, Moody’s lowered the US’ credit rating from Aaa to Aa1, prompting further concern about the national debt. Moody’s lowered its rating because the national debt rapidly expanded due to ...
Our nation was born in an epic struggle over the radical ideals of our founding — that (1) we each have value and (2) ...
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...
The estates for late actor Gene Hackman and his wife, Betsy, are being hit with creditors' claims over the duo's alleged debt ...
Interest accrual on the debt of nearly 7.7 million student loan borrowers enrolled in the Saving on a Valuable Education plan ...
A House team has summoned Cabinet Secretaries Opiyo Wandayi (Energy) and John Mbadi (Treasury) over a Sh30 billion debt owed ...
The passage of the “Big, Beautiful Bill” and its $5 trillion debt-limit increase has averted the crisis for now but not forever. “Increasing the debt ceiling should […] ...
Winston Churchill, perhaps apocryphally, quipped, “Americans will always do the right thing, when they’ve exhausted all other options.” ...
Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President ...
CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...