Category : Search result: federal debt


US shutdown forces workers into risky loans

Hundreds of thousands of American federal employees face financial catastrophe as political deadlock triggers government shutdown, forcing workers to take out high-interest loans to survive.

US Government Shutdown Threatens Federal Worker Pay

Hundreds of thousands of American federal employees confront financial uncertainty as political gridlock threatens government shutdown, with Democrats pushing emergency legislation to protect worker pay.

US National Debt Crisis Accelerates at Record Pace

The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.

Global Debt to Hit 100% of GDP by 2029 - IMF

The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.

Trump plans mass federal layoffs during shutdown

Former President Donald Trump and allies are reportedly planning sweeping federal workforce reductions that could bypass Congress, raising concerns about government stability and workers' rights.

US Govt Shutdown Leaves Federal Workers Without Pay

Hundreds of thousands of American federal employees confront financial catastrophe as political stalemate in Washington triggers government shutdown, leaving workers without pay during crucial holiday season.

Federal agents deployed to Portland against state wishes

Federal law enforcement officers have been deployed to Portland, Oregon without state approval, sparking protests and raising serious questions about states' rights and federal overreach in American democracy.

ATO chases decades-old tax debts from Australians

The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.

US Government Shuts Down in Funding Standoff

The US federal government has entered a partial shutdown after Democratic lawmakers refused to support a Republican spending bill, leaving critical services in limbo and hundreds of thousands of workers facing furlough.

HMRC's 'Breathing Space' for 1.4M in Tax Debt

Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.

UK Car Debt Crisis Echoes 2008 Financial Shock

Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.

Australia's £50BN Debt Interest Time Bomb

Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

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