House Speaker Mike Johnson (R-LA) maintained that Republicans will move forward with President-elect Donald Trump’s plans to ...

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

the nation’s outstanding debt is set to decline slightly on that day so the new limit will be reached again later in the month, according to a letter Treasury Secretary Janet Yellen sent to ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...

A U.S. debt default would likely have severe economic consequences. A debt limit is a cap set by Congress on how much money the U.S. government can borrow. Because the government spends more money ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the ...