Treasury secretary tells Congress the US could hit its debt limit in mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking "extraordinary measures," or special accounting ...
The Bond Buyer5d
'Extraordinary measures' to avoid U.S. default to begin mid-January
The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.
The debt ceiling is back, but no need to worry – yet
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...
Speaker Johnson faces year of tight votes and acrimony: 'A lot of expectations'
The Speaker of the House of the 119th Congress is now facing several critical political fights while navigating a razor-thin ...
Donald Trump Issues Great Depression Warning
Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...
Why Trump is antsy about the coming debt ceiling fight
A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...
Why the debt fight is going to get even worse next year
On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president's plan.
Editor’s Note: Honeymoon in Washington
The 119th Congress is tall on ambition, but short on time. The reason parties with unified control are in a hurry is because ...
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
Key Takeaways The U.S. government's borrowing limit was reimposed this week, putting the nation days away from going over the ...