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,” ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

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

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...

Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, ...

Since the U.S. government uses debt to meet current obligations, the debt ceiling is not about approving new spending. It's about paying the bills currently owed. The debt ceiling is an attempt to ...

Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

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