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.

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

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 ...

The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the ...

Consumer and Small Business Protection Act will shield student borrowers from unfair practices, saving them money and ...

A U.S. debt default would likely have severe economic consequences. A debt limit is a cap set by Congress on how much money the U.S. government can borrow. Because the government spends more money ...