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 ...
Under the 2023 budget deal, Congress suspended the debt ceiling until January 1 ... Without the 2023 debt limit ...
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...
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 ...
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 her department will soon need to take "extraordinary measures" to prevent the US from ...
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...
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 government has less than three weeks to raise its debt limit before it will need to take “extraordinary ...