Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

The College Cost Reduction Act aims to reduce college costs and student loan use. But the bill has some problematic parts ...

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

Congress is under no obligation to follow that proposal ... Even if you take away pandemic-related debt, he approved $4.8 ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...