The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain deadline for when the U.S. can no longer pay its bills.
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point “extraordinary measures” will be taken to keep the US from ...
House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...
Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top ...
"Okay, guys. Like, literally. I'm just like, without words! Inflation is going up. You want to raise the debt ceiling by $4 ...