A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
The cap on how much the government can borrow has become a political football, but the consequences are very real.
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social platform.
WASHINGTON—The U.S. government is now constrained by its statutory debt limit, the Treasury Department said, prompting the ...
During the first 100 days of Donald Trump’s second presidency, he has indicated that taxes, border security, mass ...
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.