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 ...
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" ...
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...
Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- ...
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
The looming U.S. debt ceiling deadline has analysts speculating ... She urged lawmakers to “protect the full faith and credit of the United States,” citing risks to financial stability.