Debt

The ASU clarifies how the existing guidance would apply to settlements of convertible debt instruments with cash conversion and other features.

The annual rush to pay Uncle Sam means the Treasury doesn't need to issue as much short-term debt as in other months to fund the U.S. government.

What are the major accounting considerations when evaluating complex debt and equity financial instruments?

Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.

McCarthy has told Biden that he did not intend to retreat from public refusals to accept additional taxes as part of an agreement.

The Treasury Secretary Janet Yellen underscored the urgency of the White House reaching a deal with Republicans to raise the debt limit.

The amount of money that the U.S. government has on hand to pay its bills plummeted by $53 billion.

The government reached the statutory cap on borrowing in January and the Treasury has since been using special accounting measures to make cash available.

The International Accounting Standards Board hopes to improve the information provided by companies about their debts.

The government’s debt dynamics have strengthened thanks to recent improvements in the economy and increased revenue, according to credit assessor Fitch Ratings.