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U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...
Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say it’s unlikely to raise ...
A new projection of Washington's looming "X date" — when the US government will be unable to pay its bills because of the ...
Republicans in the House and Senate are struggling to agree on key parts of Trump’s tax bill, including tax cuts, immigration ...
The federal government risks defaulting on its debt sometime this summer or early fall without congressional action to address its debt ceiling, a new analysis found. The Bipartisan Policy Center ...
Yields on Treasury bills set to mature in early August have been spiking, reflecting concerns about the "X date," the point ...
The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once ...
U.S. Sen. Ron Johnson may have softened his tone on President Donald Trump's massive tax and spending bill, but he continues ...
The debt ceiling is technically about $31.38 trillion, which the U.S. surpassed in January, but Treasury Secretary Janet Yellen took what she’s called “extraordinary measures” to prevent a ...
President Trump is pushing the Federal Reserve to go beyond its legal mandate and help him manage the national debt as ...
Blessed are the young, for they shall inherit the debt,’ quipped America’s 31st president, Herbert Hoover. In Australia’s ...
Sen. Rand Paul appeared optimistic that he, Ron Johnson, Mike Lee, and Rick Scott will be able to make siubtantial changes to the "Big, Beautiful" budget reconciliation package before sending it back ...
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