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

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

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

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 is likely to begin taking special accounting maneuvers sometime in ...

President-elect Donald Trump is ready to do away with it, not that he was at any risk of having it used against him.

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...

Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 ...

Janet Yellen is asking Congress to raise or suspend the debt limit so the treasury can keep paying its bills until June.

Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike ...