Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
Article discusses US inability to fund National Crypto stockpile/Sovereign Wealth Fund due to deficits & debt-ceiling, ...
Speaker Mike Johnson had GOP lawmakers working into the night ahead of a self-imposed Friday deadline to produce the package.
House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump’s demand for a big ...
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The US Government is BROKE | The 2023 Debt CeilingIn this video, Marco from Whiteboard Finance breaks down the 2023 U.S. debt ceiling crisis and what it means for the economy, interest rates, and government spending. He explains what the debt ceiling ...
Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
Outside of occasions when the US Treasury is running down its cash pile while awaiting congressional action to raise the debt ...
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
FY 2025 appropriations and the debt ceiling—to avoid an economic crisis, with plans for major policy changes in tax, border security, defense, and energy under consideration.
More than 20 states in the U.S. already have their versions of a sovereign wealth fund, Alaska's being the largest.
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