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The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...

The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency. The Department of Education announced it ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

You've probably heard that debts "fall off" your credit report after seven years, leaving you with a clean slate in terms of your old unpaid debt. As a result, you may be ignoring those persistent ...

Jan 16 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but ...

The ratio between debt and equity in the cost of capital calculation should be the same as the ratio between a company's total debt financing and its total equity financing. The cost of capital ...

Siregar explained that the implementation of this MSME debt elimination program is crucial. This is because it requires supervision, evaluation, and effectiveness to support future national economic ...

After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt level at that time: $36.1 trillion. In December 2024, ...

Elon Musk warns that the US is on the brink of financial collapse due to its $36.14 trillion debt, with interest payments consuming 23% of federal revenue. He suggests a 30% cut in federal ...

Comelec noted that Section 13(b), Rule 18, and Section 3, Rule 37 of the 1993 Comelec Rules of Procedure outlines the procedures for the cancellation of a COC. The certificate also states that all ...