The desperate search for an escape hatch in the partisan standoff highlights the increasing fear that the Treasury is headed ...

While President Joe Biden is pushing to raise the debt ceiling, Republicans insist the $31.4 trillion national debt is breaking the economy.  For all the sound and fury about raising the United States ...

Though raising the government’s borrowing limit is typically a routine procedure, House Republicans are exploiting the ...

The U.S. national debt hit an all-time high of $31.5 trillion in January 2023. Precipitated in part by higher government ...

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis ...

As tensions about raising the nation's $31.4 trillion debt ceiling build, the headline that should be flashing in front of ...

Treasury Secretary Janet Yellen warned that the U.S. is facing a catastrophic debt crisis if lawmakers fail to raise the borrowing limit, saying the country would face a spiraling recession. “It would ...

No one likes tax hikes, but with $31 trillion in national debt, they must be in the ... members of Congress and their staffs would come to us with creative ways to raise spending or cut taxes.

The federal government is on track to max out on its $31.4 trillion borrowing authority ... Treasury Department will be unable to issue new debt without congressional action.

After some accounting maneuvers the federal government continues running after hitting the debt ceiling of $31.4 trillion.

As tensions about raising the nation’s $31.4 trillion debt ceiling build, the headline that should be flashing in front of ...

The United States President Joe Biden and House of Representatives Speaker Kevin McCarthy will meet on Wednesday to discuss ...