The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...

The review, offers relief to the partner states that failed to comply with the thresholds on inflation, foreign reserves, budget deficit and national debt by 2021.

In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” ...

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S.

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

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 ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The US Treasury Department will start taking “extraordinary measures” next week to avoid risking a default on government debt ...

President-elect Donald Trump's nominee to lead the Treasury Department said federal spending is "out of control." ...

President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.