Tax debt spirals as millions more people owe money to HMRC than in early 2020, says watchdog
Tax debt is more than double what it was before the pandemic, and up to 2.4 million more taxpayers owe it to the UK Income … Read more
debt
Spending on debt repayments jumped by 10% between July and September
According to a home loan and savings analysis, debt repayment expenses increased by 10% between July and September compared to the three months before. The … Read more
Fearing austerity, European Union opts to bend its debt rules again
Press Play to listen to this article Brussels is set to change EU public spending rules next year to ensure that heavily indebted EU countries … Read more
House returns (briefly) for debt ceiling vote
Welcome to Congress Minutes, your real-time guide to the day in and around the convention halls.
The debt drama that masked a brutal power struggle: Schumer vs. McConnell
“Shadow boxing,” said Senator Kevin Cramer (RN.D.), describing Schumer’s and McConnell’s latest long-range confrontation. “Because they don’t talk so much, it doesn’t seem.” The majority … Read more
Politics Podcast: The Politics Of The Debt Ceiling
Last week the Senate voted to raise the debt ceiling temporarily by early December, but the political conflict over a longer-term increase continues. Senate minority … Read more
Yellen sees Democratic leaders averting a debt ceiling crisis
Yellen and President Joe Biden met with senior executives from JPMorgan Chase, Intel, Nasdaq, Raytheon, Citi and Deloitte last week to discuss the “catastrophic impact” … Read more
McConnell says GOP won't help with debt ceiling again
Welcome to Congress Minutes, your real-time guide to what makes the day happen in and around the convention halls.
The Debt Ceiling Is Dangerous, But It’s Probably Not Going Away Anytime Soon
All-out partisan conflict has jammed the gears in the U.S. Senate in recent years, causing a virtual standstill. We’ve seen the Republican Party block a … Read more
SEC chair warns U.S. debt default would shock markets
The chairman of the Securities and Exchange Commission, Gary Gensler, spoke at a hearing of the House Financial Services Committee on the consequences of not … Read more
