Cash is ‘legal tender’ but there’s no obligation for shops and businesses to accept it. Just offering cash doesn’t clear a debt.
Search Results (517) for: debt
AllSides→ Fact-checking Joe Biden on debt accumulated under Donald Trump
https://www.politifact.com/factchecks/2024/mar/12/joe-biden/fact-checking-joe-biden-on-debt-accumulated-under/
PolitiFact→ Eric Hovde – Are GOP Senate candidate's claims about national debt under Biden, Baldwin correct?
“Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.”
PolitiFact→ Joe Biden – Fact-checking Joe Biden on debt accumulated under Donald Trump
The Trump administration "added more to the national debt than any presidential term in American history."
The Dispatch→ Joe Biden’s Student Debt Cancellation, Explained
Although the Supreme Court blocked one of the president’s debt cancellation plans, his administration has forgiven billions via other policies.
The Dispatch→ The Ticking Debt Clock
The latest CBO report shows the national debt is skyrocketing—and projected to only get worse.
Full Fact→ Underlying debt is forecast to be higher in five years’ time than it is currently
An exchange between chief secretary to the Treasury Laura Trott and Radio 4 presenter Evan Davis has gone viral after confusion over debt projections.
The Dispatch→ The Problem with ‘Monetizing the Debt’
Just printing more money won’t solve our problems.
Full Fact→ Debt is only projected to begin falling towards the end of the decade
Chancellor Jeremy Hunt’s claim that the government is “delivering” on the pledge to get debt falling is only correct when looking at longer-term projections.
Lead Stories→ Fact Check: US National Debt Was NOT Paid Off In 2017 — Last Time Was 1835
Does a viral video show proof that the U.S. national debt was paid off in 2017? No, that's not true: The U.S. Treasury website shows the current U.S. national debt, which is about $33.7 trillion, a number accepted by U.S. financial market
Full Fact→ Prime Minister wrong to say UK’s debt ‘is falling’
The latest data for both of the main measures of the UK’s national debt shows it has increased over the last year.
PolitiFact→ Mike Johnson – Fact-checking new House Speaker Mike Johnson on the federal debt
“In the time it’s going to take me to deliver this speech, we’ll go up another $20 million in debt.”
PolitiFact→ Facebook posts – Video on 'American Debt Relief' program misleads
Video shows a family learning their debt was resolved by the “American Debt Relief program” for American citizens and legal residents who “have over $20,000” in credit card debt.
PolitiFact→ Jim Justice – Does national credit card debt exceed $1 trillion for the first time ever? And what does that mean?
"Credit card debt is above $1 trillion for the FIRST TIME EVER."
The Dispatch→ Americans Shrug Off Historic Debt Surge
The budget deficit just doubled to $2 trillion. Don’t expect it to shrink anytime soon.
PolitiFact→ West Virginia University Faculty Senate – Has President E. Gordon Gee increased West Virginia University’s debt load by 55%?
E. Gordon Gee’s university projects have increased “WVU’s debt load by 55%.”
The Dispatch→ A New Speaker Isn’t Going to Magically Fix the National Debt
Fiscal stability depends on addressing Medicare and Social Security.
PolitiFact→ Matt Gaetz – Matt Gaetz oversells role of budgetary dysfunction in adding to the federal debt
"Since the mid-'90s, this country has been governed by revolving continuing resolution and omnibus spending bill(s). … That is the reason we're $33 trillion in debt."
PolitiFact→ Mike Pence – Mike Pence off base about his policies aiding last U.S. debt decrease
"I actually pushed the Deficit Reduction Act. That was the last time we actually reduced the national debt in the United States, when I was the leader of House conservatives."
PolitiFact→ TikTok posts – New law lets you remove old debts from your record after only two years? Sorry, no
A new law allows people to permanently erase unpaid debt older than two years from their credit records.
The Dispatch→ Joe Biden’s New Debt Forgiveness Plan, Explained
The Higher Education Act of 1965 is more permissive than the HEROES Act but still has limits.
ABC News / AP Fact Check→ Biden did not misspell ‘billion’ in remarks about debt ceiling
CLAIM: President Joe Biden misspelled the word “billion” while addressing reporters after debt ceiling talks with congressional leaders at the White House.
The Dispatch→ Student Debt Cancellation, Canceled
Plus: SCOTUS rules for a Christian website designer in a free speech case.
Truth or Fiction?→ The New York Times’ ‘Ways You Can Still Cancel’ Student Loan Debt
After the Supreme Court’s June 30 2023 ruling blocking the Biden administration’s student debt forgiveness program, screenshots of a New York Times article about “ways you can still cancel your student debt” were shared to Tw
AllSides→ The Debt Ceiling Deal’s Energy Provisions, Explained
https://thedispatch.com/article/the-debt-ceiling-deals-energy-provisions-explained/ Last week’s debt
The Dispatch→ The Debt Ceiling Deal’s Energy Provisions, Explained
The Fiscal Responsibility Act tweaked the permitting process, but more comprehensive changes could come later this year. Continue reading The Debt Ceiling Deal’s Energy Provisions, Explained »
The Dispatch→ Our Best Stuff From the Week We Actually Fixed the Debt Ceiling
Plus: A dispatch from Ukraine and advice on how to live your best life. Continue reading Our Best Stuff From the Week We Actually Fixed the Debt Ceiling »
The Dispatch→ Debt Deal Denouement
No way to run a railroad. Continue reading Debt Deal Denouement »
The Dispatch→ An Anticlimactic End to the Debt Ceiling Saga
Plus: Revisiting Pakistan’s recent political upheaval. Continue reading An Anticlimactic End to the Debt Ceiling Saga »
FactCheck.org→ Debt Limit Agreement Breakdown
House Speaker Kevin McCarthy and President Joe Biden brokered a two-year agreement to suspend the debt ceiling, but it needs quick congressional approval before the federal government runs out of money. The deal would suspend the debt limit until J
Washington Post→ McCarthy hypes ‘largest cut’ to sell debt-ceiling deal
There are many ways to run the numbers but no metric puts this deal in first place.
The Dispatch→ GOP Leaders Look to Build Support for Debt Deal
Kevin McCarthy aims to pass it this week—and quell a potential far-right uprising. Continue reading GOP Leaders Look to Build Support for Debt Deal »
The Dispatch→ Nearing the End of the Debt Limit Saga
Plus: Erdoğan wins reelection in Turkey. Continue reading Nearing the End of the Debt Limit Saga »
The Dispatch→ Our Best Stuff From the Week We Didn’t Fix the Debt Ceiling
Plus, immigration policy and two more GOP candidates for president. Continue reading Our Best Stuff From the Week We Didn’t Fix the Debt Ceiling »
The Dispatch→ The Debt Ceiling Clock Ticks On
Plus: Biden taps Gen. Charles “C.Q.” Brown as the next chairman of the Joint Chiefs of Staff. Continue reading The Debt Ceiling Clock Ticks On »
The Dispatch→ Debt Ceiling Countdown: An Explainer
Here we go...again? Continue reading Debt Ceiling Countdown: An Explainer »
The Dispatch→ The Debt Ceiling Decision Tree
With days to go before the ‘X-date,’ several scenarios could play out. Continue reading The Debt Ceiling Decision Tree »
The Dispatch→ Debt Ceiling Deal Remains Elusive
Lawmakers may have only nine days to head off a default. Continue reading Debt Ceiling Deal Remains Elusive »
PolitiFact→ Hakeem Jeffries – Did Donald Trump rack up more debt than any other president?
“(Donald) Trump ran up more debt than any other president in American history.”
The Dispatch→ Discontent Grows on the Fringes Over Potential Debt Deal
Speaker of the House Kevin McCarthy conducts a news conference at the U.S. Capitol on the debt-ceiling crisis with House and Senate Republicans on Wednesday, May 17, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty Images)It may signal a deal could emer