U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...

Treasury Secretary Scott Bessent told US lawmakers he’s extending the latest period for deploying special accounting measures ...

Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say it’s unlikely to raise ...

U.S. Treasury Secretary Scott Bessent on Tuesday said the date for the nation to reach its debt ceiling could change if ...

A closely watched independent think tank has updated its estimate for when the federal government risks running out of ...

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.

A new projection of Washington's looming 'X date' — when the US government will be unable to pay its bills because of the ...

During a June 26, 2025 interview with WAVE, Sen. Rand Paul, Kentucky’s junior senator, says he's not a "hard no" on President ...

The federal government risks defaulting on its debt sometime this summer or early fall without congressional action to address its debt ceiling, a new analysis found. The Bipartisan Policy Center ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from Medicare ...

U.S. Treasury Secretary Scott Bessent announced an extension of extraordinary cash management measures to avoid breaching the ...