Debt ceiling is back

You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federal debt limit. That’s ...
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...
The debt ceiling is the limit placed by Congress on the amount of ... A default would occur if the U.S. failed to pay ...
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit ...
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...
The debt ceiling, or debt limit, is the total amount of money that the United States government can borrow to meet ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts.
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...