WASHINGTON -- The fight over raising the nation's borrowing limit underscores a reality for Democrats as they are in the midst of their highest-stakes moment for President Joe Biden's sweeping ...

“The United States of America is never going to default, that is never going to happen,” said US Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes to defaults, ...

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.

For decades, investors thought the risk of the US government defaulting on its debt was essentially zero. It was nice while it lasted. There’s still a low chance the US government will fail to pay ...

Scott Bessent, the U.S. Treasury Secretary, assured that the country will not default on its debt, even as the deadline for raising the federal debt ceiling approaches. The debt ceiling, a cap set by ...

Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...

A version of this newsletter was originally published on lynalden.com. This newsletter issue analyzes three common misconceptions about the US federal debt and deficits. The ongoing nature of the ...

US debt and deficits are at historic highs, and many fear that the One Big Beautiful Bill Act could worsen the fiscal outlook over the next decade. Elon Musk has issued dire warnings about the US ...

A mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...