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Reuters

Drowning in debt, Connecticut faces budget crunch
Reuters
Nearly two months without a budget, Connecticut is getting crushed by a burdensome debt load that has squeezed spending and amplified legislative discord. State lawmakers must agree on a biennial budget soon or else Governor Dannel Malloy's executive ...

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CBS News

4 ways to manage your credit card debt - CBS News
CBS News
With the typical American household juggling $5700 in credit card debt, here are a few techniques for paring back those balances.

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Reuters

Strong euro leads big bond buyers into government debt rethink
Reuters
LONDON (Reuters) - The euro's double-digit gains this year are prompting some of the world's biggest money managers to view European government debt more favourably just as the central bank is planning to withdraw its support from the bond market.

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Utility Sale Could Leave Taxpayers With $4B of Nuclear Debt
U.S. News & World Report
The scuttled expansion of the V.C. Summer Nuclear Station accounts for half of Santee Cooper's total debt of $8 billion. Even if the utility can find a buyer, no company would be willing to acquire that debt, meaning the state would have to pay it ...

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MarketWatch

Opinion: Here's a way for you to get a better handle on debt
MarketWatch
Imagine you want to buy a furniture set and a vacation. Which one would you be more willing to go into debt for? If you're like most people, you probably think you're more likely to borrow for the set of furniture. It's practical, long-lasting, and ...



PBS NewsHour

Twitter chat: How do we solve the student debt crisis?
PBS NewsHour
Student loan debt in the U.S. stands at $1.3 trillion, leading many Americans to doubt whether or not college is worth it. In 2015, students who graduated from a public or nonprofit college had an average debt of $30,100. For those pursuing a college ...



PBS NewsHour

Georgia students drop out with high debt despite state surplus | PBS ...
PBS NewsHour
More than half a billion dollars in surplus lottery funds, meant for Georgia's college students, is sitting unused in the state's coffers even as many drop out of ...

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CNBC

Cramer: McConnell's comment on the debt ceiling an 'underpinning for a potential rally'
CNBC
Senate Majority Leader Mitch McConnell's insistence that the U.S. government will not default on its debt may have laid the ground work for a potential rally, CNBC's Jim Cramer said Tuesday. During a public event Monday in Kentucky with Treasury ...



How I Ditched Debt: Getting an Education in Student Loans
NerdWallet (blog)
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt. Responses have been edited for length and clarity.

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Washington Post

McConnell says there is 'zero chance' Congress will fail to raise debt ceiling
Washington Post
Senate Majority Leader Mitch McConnell (R-Ky.) said Monday that there was “zero chance — no chance” Congress would fail to raise the debt ceiling by late September, although he offered no clues about how he hoped to persuade lawmakers to back such a ...
Mitch McConnell: 'Zero chance' US fails to raise the debt ceilingCNBC
McConnell: There's 'Zero Chance' That Congress Fails to Raise Debt LimitNew York Magazine
McConnell and Mnuchin Predict Congress Will Raise the Debt CeilingBloomberg
The Hill -Morningstar.com -89.3 WFPL -New York Times
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