President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

WASHINGTON—The U.S. government is now constrained by its statutory debt limit, the Treasury Department said, prompting the ...

President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after ...

President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

Let's say you have a credit card with a $5,000 spending limit. For some reason, the card company approves $6,000 in charges. You call them and ask, "Did you raise my spending limit?" They say, "No ...

Addressing the debt limit in reconciliation is not “completely ... The Treasury Department has not given a precise date when the federal government will potentially default, but Congress might ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that ...