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

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

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...

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

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

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