President Joe Biden's announcement brings the total loan cancellation under his administration to $144 billion. Secretary of Education Miguel Cardona joins ABC News Live to discuss.

Medical debt across the U.S. is associated with worse physical and mental health, and even premature death.

Biden administration officials said "a handful of large banks" account for $14 billion in credit card late fees charged to American households every year.

Credit card debt increased by $50 billion in the fourth quarter of 2023 alone, a 4.6% jump from the previous quarter.

Dyana King, a single mom of two, told "Good Morning America" how she paid off more than $34,000 in debt between 2016 and 2020.

Kumiko Love posted her viral budgeting method on her site, which combined three clever tips for smart financial habits. Now, she's sharing fresh ideas for the New Year.

ABC News’ Elizabeth Schulze speaks to two people who are carrying student loan debt years after their college days.

Officials released a draft of the plan, but full details are likely months away.

An alert was issued to tens of millions of Americans impacted by the Supreme Court's decision to strike down President Biden's student loan forgiveness program and scammers taking advantage.

The program would have benefited 43 million Americans at a cost of $400 billion.

Husbands David Auten and John Schneider, the hosts of the “Queer Money” podcast and creators of the Debt Free Guys blog, share how they paid off $51,000 in debt.

Best ways to save on food and household staples.

Cari Swanger paid off her student loan debt in 33 months thanks in part to refinancing to lower her interest rate.

The House passed a debt ceiling bill on Wednesday while cutting government spending over the next two years, in a victory for both Biden and Kevin McCarthy

The Fiscal Responsibility Act, the product of weeks of negotiation between Biden and McCarthy, will raise the debt limit until January 2025 and enact some spending cuts.

The bill suspends the nation's $31 trillion debt ceiling until January 2025 and places new limits on spending, rescinds IRS funds, and expands work requirements for those on food assistance.

President Joe Biden will deliver an address after the Senate passed legislation late Thursday night to lift the nation's debt ceiling.

ABC News’ Jay O’Brien breaks down the latest on the debt ceiling deal as it leaves Congress and heads to President Joe Biden's desk.

President Joe Biden touted the bill which averted a default on the nation's debt as a victory for the American people.

Plus, the latest on the 2024 presidential field as more candidates are set to run, and Grammy award-winning rapper Future opens a STEM lab for Atlanta students.

Senate Majority Leader Chuck Schumer says the Senate will stay in session until the debt deal is passed.

ABC News’ Jay O’Brien joins us from Capitol Hill where he breaks down the latest in Senate negotiations over the debt ceiling deal.

Gene Sperling, Senior advisor to President Joe Biden, responds to criticism by Democrats and the NAACP on the debt relief bill.

The House has passed a bill to raise the debt limit, which now heads to the Senate. ABC News’ Justin Finch has more on what the legislation includes.

ABC News’ Jay O’Brien and Elizabeth Shulze break down the next steps for the debt limit bill and what this change means for the American people.

ABC News business reporter Alexis Christoforous has more on how the debt ceiling deal impacts the economy.

ABC News’ Jay O’Brien and Elizabeth Shulze have more on what needs to happen next as the Senate prepares to vote on the debt limit deal.

The vote will be a major test for Speaker Kevin McCarthy, who faces a potential revolt from GOP hard-liners if he fails to get a majority of Republicans to back the bill.

The bill, which now heads to the Senate, would decrease IRS funding, impose stricter work requirements for some older Americans on food stamps, and end the student loan payment pause.

As of Wednesday morning, 32 House Republicans and counting said they were against the bill.

The nonpartisan CBO estimated the provisions relating to SNAP would add $2.1 billion in direct spending and 78,000 people would gain benefits in an average month.

ABC News’ Linsey Davis spoke with Congressional Progressive Caucus Chair Rep. Pramila Jayapal about the House debt ceiling vote, and how the bipartisan deal could impact low-income Americans.

The House is slated to vote on the package that would avert a default.

Congressmen Garrett Graves (R-La.) and Patrick McHenry (R-N.C.) discuss the debt ceiling deal they negotiated ahead of Wednesday’s vote.

Plus, the latest on the ground in Moscow after eight missiles explode, and Mike Pence is set to announce his run for president as the 2024 field grows.

Plus, the 2024 presidential field gets more crowded as Republicans join the race, and how one social media influencer used her platform to educate young people about the Holocaust.

ABC News’ Jay O’Brien and Karen Travers have more on why a growing number of Republican members are slamming the deal.

Lawmakers have days to pass a debt ceiling bill in Congress before the predicted June 5 "X-date" for default

Lawmakers are expected to vote to raise the debt limit amid opposition on both sides of the aisle. ABC News’ Justin Finch has the details.

ABC News' Linsey Davis spoke with Rep. Nancy Mace, R-S.C., about why she plans to vote against the bill to raise the debt ceiling.

GOP hard-liners on the House Rules Committee have vowed to block the bill.

At least 25 House Republicans said they will vote against the bill, which means House Speaker Kevin McCarthy will need Democratic votes to get it passed.

ABC News senior congressional correspondent Rachel Scott has the latest from Washington and how the next step in negotiations could affect your pocket book.

The agreement comes just days before potential default.

As House Speaker Kevin McCarthy courts Republicans, President Biden says to skeptical Democrats, "talk to me", in effort to pass deal before June 5 deadline.

ABC News’ Elizabeth Schulze breaks down the debt limit deal and the impact on the markets before the June 1 deadline.

ABC News' Jay O'Brien reports on if the bill will pass in Congress and what it means for Americans.

ABC's Elizabeth Schulze and Jay O'Brien break down the details of the deal and how both sides plan to sell it to Congress.

With potential default just six days away, House Speaker Kevin McCarthy arrived at the Capitol Friday telling reporters he remained optimistic a deal could be reached.

President Joe Biden and GOP lawmakers are on the brink of a deal to allow the U.S. government to keep paying its bills.