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

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit. By Alan Rappeport Alan Rappeport has covered debt limit fights during the ...

The House last week fell far short of passing a two-year extension of the suspension of the limit as part of a GOP-led government spending bill. Congress ultimately passed a package to fund the ...

The U.S. debt limit, suspended until January 1 under the 2023 Fiscal Responsibility Act, will soon be reinstated, leaving Congress to negotiate whether to raise or suspend it further. "I ...

the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government's ability to borrow. "I respectfully urge Congress to act to protect ...