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

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

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

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

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

Bessent urged Congress to raise or suspend the debt limit by mid-July, to "protect the full faith and credit of the United ...

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

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the ...

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

“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 ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt.