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

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

Lawmakers should raise the nation’s borrowing limit by mid-July to prevent the federal government from defaulting on its ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

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

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

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

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

WASHINGTON] There is a “reasonable probability” the United States will hit its borrowing limit in August when Congress is in recess, Treasury Secretary Scott Bessent said on Friday, calling on ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

In early January, the U.S. reached its $36.1B debt limit, prompting the Treasury to deploy extraordinary measures to avoid defaulting on federal obligations. "A failure to suspend or increase the ...