Key Takeaways The U.S. government hit its congressionally-set debt limit on Tuesday, setting up a potential showdown over ...

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

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

The option would include an agreement that ties together government funding, border money, disaster aid and a debt-limit hike ...

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

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

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

President-elect Donald Trump has called for either eliminating the debt limit or pushing it far into the future. Many ...

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

Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...

More than a third of House Republicans have never voted for a debt ceiling hike, a daunting obstacle as President-elect Donad ...

Sen. Mike Rounds (R-S.D.) said Monday that tying the debt limit to California aid for the recent deadly wildfires it has ...