Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike ...

When Republicans won unified control of government, they also won the responsibility to address the country’s debt limit.

Rather than a restraint, it serves as an incentive for more spending. The time is ripe for lasting reforms.