Trump seeks sharp reductions in federal spending, deeper tax cuts, seemingly universal tariffs and sweeping deregulation.

The gigantic national debt is finally starting to spook financial markets. That could hamstring Trump's economic agenda.

Treasury Secretary Janet Yellen announced that the U.S. will reach its debt ceiling on January 21, the day after President ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, ...

Yellen, in a letter on Friday to congressional leaders just three days before the Biden administration turns over US government control to President-elect Donald Trump and his team, said the Treasury ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point ...