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US debt crisis

Moody’s delivers first US credit rating downgrade since 1917
The reduction comes shortly after the Treasury secretary warned of a possible default by the end of summer
May 17, 2025 09:29
US could face default by August – Treasury chief
Scott Bessent has urged Congress to raise or suspend the debt ceiling to avoid running out of money to cover federal expenses
May 11, 2025 08:26
US faces fiscal collapse – Michael Bloomberg
Congress must focus on restoring fiscal control and deficit reduction in order to avoid “the grim reckoning,” the billionaire believes
Apr 3, 2025 15:46
‘Economic heart attack’: Ray Dalio sounds alarm on US debt
The top hedge fund manager projects major financial woes for the nation’s economy within three years
Mar 4, 2025 16:47
US Treasury to take ‘extraordinary measures’ after Trump inauguration
Janet Yellen has told Congress that her department will pause retirement payments in a bid to avoid default
Jan 18, 2025 14:53
Musk warns of US bankruptcy
The tech billionaire is set to co-lead a new agency tasked with tackling budget inefficiency
Jan 18, 2025 04:25

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