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WASHINGTON (AP) — A bill to create a bipartisan commission that would tackle the nation’s soaring debt and make policy recommendations to Congress won approval Thursday from a House committee.
Certain borrowers will be eligible to have the rest of their student loans cancelled as soon as next month, the Biden administration announced.
The federal government has quietly guaranteed between $1.75 billion and $2 billion in new commercial bank loans for the Trans Mountain Corporation so it will have enough cash to complete its long-delayed and massively over budget West Coast pipeline expansion.
The Biden Administration is rolling out another pathway to debt relief for certain student loan borrowers next month.
WASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet in the coming years.