The Japanese government expects its annual debt-servicing costs to rise to almost $230 billion over the next four years as ...

Readers discuss how Peter Dutton’s idea of governments saving money can cost more than it’s worth - as when the previous ...

The new Department of Government Efficiency, President Donald Trump’s special commission tasked with slashing federal ...

Keep updated, follow The Business Standard's Google news channel Yellen said the Treasury would suspend investments in two government employee benefit funds through March 14, to claw back borrowing ...

Treasury Secretary Janet Yellen said the federal government would hit the debt limit set by Congress on Tuesday, prompting the Treasury Department to take “extraordinary” steps to avoid a default.

But once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. “The period ...

Medicare and servicing the national debt. The federal government is poised to spend $7 trillion this fiscal year, a sum that would equal about 23.3% of GDP. While tax revenues as a share of the ...

Package developed in collaboration with CBSL, SLBA, SME sector representatives, and relevant government agencies ... facing difficulties servicing their debt due to the economic crisis following ...

Facing that massive debt, the week before Christmas the Cle ... County filed for bankruptcy after owing $365,000 to the federal government in a dispute with the Army Corps of Engineers.

“The proposed arrangement would mean that Michael Healy-Rae would be on the government benches, while Danny Healy-Rae would be on the opposition benches,” he said. “This would be ludicrous.

Unlike the 2024 Eurobond, the $900 million (Sh116.6 billion) coupon note set to mature in 2027 will not be paid off as a bullet maturity. Instead, the repayments are staggered for payment over ...