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

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

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

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

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

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

But the clock is nevertheless now ticking, with Treasury Secretary Janet Yellen recently outlining the steps ahead for the debt limit and noting that so-called "extraordinary measures" could begin ...

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 ...

Conservatives now say Trump will need to agree to deep cuts in spending if he wants their support for raising the debt limit in 2025. “We’re about 33 percent overdrawn. We bring in about $4.8 ...