"There's a lot of motivation to move quickly, because they don't want to rely on a long stop gap beyond September 30th," said ...

President Donald Trump said Wednesday that the federal debt limit should be eliminated, adding another potential hurdle in ...

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 Scott Bessent said the U.S. 'is never going to default' as the deadline for increasing the federal debt ...

Debt is simply the total amount of money the US government owes to its lenders, currently amounting to $36.2 trillion. This ...

Scott Bessent, the U.S. Treasury Secretary, assured that the country will not default on its debt, even as the deadline for ...

Senate fiscal hawks are making a steep set of demands in negotiations over the debt ceiling, driving an even harder bargain than the House rabble-rousers who won $2 trillion in cuts. Sen.

The Treasury Secretary declined to specify an “X date” – the point at which the Treasury runs out of cash. Read more at ...

The US is not going to miss its debt payments. That’s what Treasury Secretary Scott Bessent said on CBS’s Face the Nation, in ...

A court ruling blocking most of U.S. President Donald Trump's import duties could add uncertainty around when the government ...

The president noted there may be changes "I’d agree with," but GOP leaders are warning any changes could be dead on arrival ...