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An earlier article on the site referred to the 'mysterious and unnamed' borrowers who finance the UK's debt. In November, the article continued, the UK's borrowing requirement was put at £23.3 billion.

Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.

In case the government misses the deadline to raise the debt limit, California's treasure Bill Lockyer will take out $5 billion to cover the operating expenses.

The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job.

The bill performed to increase the federal debt ceiling was rejected by the House being considered as a risky toying with the issue.