The agency is being gutted at the same time that its revenue will determine how much longer the government can operate before ...

The bond market has been extremely volatile the past couple of weeks since the introduction of global tariffs by the US. Read ...

The debt limit was reinstated Jan. 2, following its suspension by Congress in the Fiscal Responsibility Act of 2023. “The ...

It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...

In January, the Treasury Department increased its borrowing capacity by drawing on some of its funds — including pensions for federal employees — to push back the encroaching debt limit.

The Federal Reserve’s decision to dramatically decelerate the pace of its balance sheet drawdown last month garnered broad ...

The U.S. Treasury plans to raise the debt ceiling using a budget reconciliation bill in the Republican-led Congress. Treasury Secretary Scott Bessent emphasizes the urgency, cautioning that without ...

If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...

The “X date” could be delayed until October, but without action to suspend or raise the debt ceiling above $36.1 trillion, the Treasury could run out of budgeting gimmicks to forestall ...

Let’s review the facts. The debt limit is now back in effect. The secretary of the treasury is already taking extraordinary measures to keep things afloat. Between now and early summer ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.