Unlike any other president, Donald Trump has tested the words and ideas in the literal text of the US Constitution, from the ...

The Treasury will soon have to start running down its cash reserves and turn to “extraordinary measures” to pay the ...

On January 20, 2025, at the moment he takes the oath of office, President Trump will find himself between a rock and a hard ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

Trump has said he will sign at least 25 executive orders on the first day of his second term, The Post has calculated.

Here is a list of our partners and here's how we make money. Updated on Jan. 2. The debt ceiling, or debt limit, is the total amount the U.S. government can borrow in order to meet its existing ...

Bitcoin's price doesn't appear likely to recover soon, according to its history in relation to debt ceiling episodes, according to a media report. Increasing the debt ceiling has historically led ...

Truth Social reveals him to be very angry about it all — despite the fact that the recent history of debt-limit standoffs is a creation of his own party. Going back more than a decade now ...

WASHINGTON – US President-elect Donald Trump on Dec 29 said the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will “go down as one of the ...

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will "go down as one of ...

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