Discover how Treasury Secretary Bessent’s strategies improved bond market liquidity and managed $1.8T debt efficiently.
The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high.
WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...
President Donald Trump said Wednesday that the federal debt limit should be eliminated, adding another potential hurdle in the negotiations over Republicans’ reconciliation bill. “The Debt Limit ...
The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...
The segment of the US Treasury market that offers investors protection against rising consumer prices is headed for uncharted ...
WASHINGTON, D.C. -- The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government open and escalating pressure ...
Credit card debt doesn't just disappear, but after a certain point, your creditors may be forced to write it off.
Two Rivers City Manager Kyle Kordell is proposing a resolution to set a debt cap at 60% of the state's legal limit for ...
Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...
There are several signs House Republicans will agree to raise the debt ceiling without demanding huge concessions in spending cuts. "Several different people have emailed to say the House GOP in ...
House Speaker John Boehner has tried to convince conservatives to abandon their idea to use the threat of a government shutdown to force President Obama to defund Obamacare, telling them instead to ...