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 ...

U.S. Treasury Secretary Scott Bessent on Tuesday said the date for the nation to reach its debt ceiling could change if ...

A new projection of Washington's looming 'X date' — when the US government will be unable to pay its bills because of the ...

During a June 26, 2025 interview with WAVE, Sen. Rand Paul, Kentucky’s junior senator, says he's not a "hard no" on President ...

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 ...

The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once ...

Yields on Treasury bills set to mature in early August have been spiking, reflecting concerns about the "X date," the point ...

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 ...

US Treasury Secretary Scott Bessent informed members of Congress that he has decided to extend the current use of extraordinary accounting measures to ...

Top U.S. Republicans are revising their tax-cut and spending bill amid significant budget shortfalls. Senate parliamentarian ...