This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

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

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...

A default on United States government debt owing to the debt ceiling isn’t likely, but should one happen, here’s what the damage could look like. The Congress fight over raising the government ...