Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...
But the clock is nevertheless now ticking, with Treasury Secretary Janet Yellen recently outlining the steps ahead for the debt limit and noting that so-called "extraordinary measures" could begin ...
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...
The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit ...