The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

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 ...

The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit ...

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

Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts ...

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

President-elect Donald Trump has demanded that a provision raising or suspending the nation’s debt limit — something that his ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

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- ...