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

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

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

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated ...

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

House Minority Leader Hakeem Jeffries (D-N.Y.) on Thursday rejected the idea of combining California wildfire aid with a debt ceiling hike, saying Democrats would oppose such a package if ...

The U.S. Treasury has taken extraordinary measures to delay breaching the federal debt limit by suspending G Fund reinvestments, extending borrowing capacity by $300 billion. Acting Treasury Secretary ...

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.

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

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...