House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

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

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

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

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

The Treasury Department said Friday it would likely run out of cash to pay the nation’s bills by August, setting a new, ...

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

“I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States,” Bessent wrote. The ...

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 Friday, calling on lawmakers to act. "I ...

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

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

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...