President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

Jan. 18 (UPI) --President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 trillion a day after he is sworn in on Monday. The Treasury ...

WASHINGTON — With the clock ticking once again on the need to raise the nation’s debt limit, an unusual political alliance has formed to try to end these economically damaging showdowns for good.

We’ve gotten a preview of the next four years in the space of a few hours on Wednesday. Elon Musk provided the shock troops to topple an end-of-year spending deal, and Donald Trump provided the final ...

U.S. President-elect Trump attends a Turning Point USA event in Phoenix, Arizona WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then ...

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off the ...

Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit. “That’s ...

Republicans have long used the need to raise the debt ceiling as leverage in negotiations over federal spending, but now that there is total GOP control in Washington with the Trump administration ...