The U.S. debt has led to plenty of partisan fights and … charitable gifts. For decades, a government program has been collecting donations from Americans who want to help pay off the national debt. Created at: May 26, 2023 at 10:26PM
This obscure program lets Americans donate to help pay off the national debt
3 ways to protect your money if the U.S. defaults on its debt
From social security payments to interest rates, a lot hinges on a debt-ceiling deal. Personal finance experts say you should prepare for a possible debt default as you would a recession. Created at: May 25, 2023 at 10:00AM
So would a U.S. default really be that bad? Yes – And here’s why
As the debt ceiling debate comes down to the wire, here is a look at some of the potential consequences if the U.S. defaults on its debt for the first time in history. Created at: May 24, 2023 at 10:00AM
Welcome to America! Now learn to be in debt
The U.S. economy counts on you to borrow money and stay in debt. But what if you were taught to never owe anybody anything? Created at: May 24, 2023 at 10:00AM
IRS chief says agency is ‘deeply concerned’ by higher audit rates for Black taxpayers
Findings from an internal investigation come after researchers said the IRS was at least three times more likely to audit Black taxpayers than other racial groups. Created at: May 16, 2023 at 10:59PM
The case for financial literacy education
Financial literacy programs have been called useless in the past. But a new study suggests that’s due to the way the subject is taught, rather than the subject itself. Created at: May 16, 2023 at 11:30AM
What the debt ceiling standoff could mean for your retirement plans
Biden has warned that defaulting on the national debt “would devastate retirement accounts,” among other things. The head of advice methodology at Vanguard wants people to remember the bigger picture. Created at: May 15, 2023 at 12:18PM
How a default on the debt ceiling would affect the average American
NPR’s Ayesha Rascoe asks Samantha Sanders of the Economic Policy Institute how not raising the debt ceiling would affect the average American. Created at: May 14, 2023 at 01:01PM
As some families learn the hard way, dementia can take a toll on financial health
Reckless behavior with money can be a warning sign of cognitive decline — and the condition can put people at risk of financial ruin. There are few institutional safeguards in place. Created at: May 12, 2023 at 10:05AM
Biden administration warns consumers to avoid medical credit cards
Americans paid an estimated $1 billion in interest on medical debt in just three years, a federal agency finds. This includes use of credit cards often pitched in doctors’ and dentists’ offices. Created at: May 4, 2023 at 10:01AM