Washington: Treasury Secretary Scott Bessent has told US lawmakers that his department's ability to use special accounting ...

The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...

GOP Rep. Ryan Zinke of Montana responded to the draft of the GOP mega bill that includes Trump’s demand for a debt hike, which would punt the problem for another few years.

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...

“I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States,” Bessent wrote. The ...

There’s also a key difference in how both GOP-led chambers plan to address the debt limit in instructions for the budget framework Republicans adopted last month. While the House’s plans call ...

This debt is controversial in Malaysia. The first problem is that the debt limit was created by the government itself. Since a political party can only form a government in Malaysia if it has a ...