This critical action allows the government to continue borrowing to meet its legally binding financial obligations.
President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that ...
Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- ...
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
A debate over the debt ceiling is at the center of a dispute over funding that is pushing the possibility of a federal government shutdown to the brink in Washington.
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the ...