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

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

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

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.

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

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.

Claim: Roughly 25% of the nation's debt was incurred during the Trump Administration. Context: A bipartisan package of ...

Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday ... either raise the nation's $31.4 trillion borrowing authority or ...