William Hoagland, who for years helped shape GOP budget policy, says the public just doesn't see rising deficits as a major issue at a time when the economy is doing well.
Some employers are offering benefits that pay down student loans. They say it's a popular way to recruit younger workers who are struggling with college debt.
China has become the biggest lender on the African continent. The Nairobi-to-Mombasa railway is a symbol of Kenya's ambitions. But critics say China is saddling Kenya with unsustainable debt.
The nonpartisan Congressional Budget Office released its first 10-year economic outlook to factor in the GOP's 2017 tax cuts and a recent two-year spending deal.
Between its public-sector debt and what it owes pension funds, the U.S. territory's bills exceed $120 billion. That makes for some difficult decisions in court, which opened hearings Wednesday.
The island has been struggling with a massive debt burden for nearly two years, and protection from lawsuits are about to expire. An oversight board could initiate a bankruptcy-like process.
Scrutiny by Sen. Charles Grassley and an investigation by NPR and ProPublica led a Missouri hospital to give $17 million in debt relief. Will other nonprofit hospitals follow suit?
Negotiations to restructure the U.S. territory's significant debt hit a speed bump Friday. As Congress considers its next step, economist Rosario Rivera explains the origins of the financial crisis.
The island's government warns that time is running out for Congress to address its fiscal problems. Puerto Rico has been reeling from the effects of declining population and a long recession.
President Obama may have secured enough votes to keep his Iran deal in tact, but potential problems loom for Congress on the debt ceiling, highway funding and a possible government shutdown.
Before the Great Recession, many Americans piled up too much credit card debt. Now, they seem to be a little wiser about using plastic, says the head of the Consumer Financial Protection Bureau.
The silent generation is still paying off mortgages, and baby boomers aren't done with student loans. A new study by Pew Charitable Trusts also shows fewer millennials are taking on mortgages.
In a televised address, the governor said he'll ask international creditors to give Puerto Rico easier terms, starting with a delay in payments. He also warned his people of coming budget cuts.
With unemployment dropping, the "misery index" is at its lowest level in more than 50 years. So why aren't Americans feeling cheerful? Economists say meager wages and big debts are still problems.
Greece's new prime minister gave his first speech to Parliament Sunday. His nation was eager to hear his plans to revive the country's ravaged economy while also ending unpopular austerity measures.
NPR and ProPublica have been reporting about nonprofit hospitals that seize the wages of lower-income patients. Sen. Chuck Grassley says hospitals doing that could be breaking the law.
Almost half of Nevadans have some debt that has been sent to collections, according to a recent study by the Urban Institute. The Silver State leads...
More high rollers are paying their debts to casinos, according to a recent Associated Press story. Casinos extend credit to thier wealthiest clients, but often assume that some of it will not be paid back
More than 60 percent of Nevadans are one step away from economic ruin, according to the Corporation for Enterprise Development. We have some of the lowest rates of saving and the highest rates of debt in the country.
