President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...

The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid ...

Secretary says Treasury will suspend investments in two government employee benefit funds through March 14, to claw back ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

House Republicans are, once again, fighting internally about how they should address a major legislative priority. This time, ...

President-elect Donald Trump has called for either eliminating the debt limit or pushing it far into the future. Many ...

The Treasury Department will begin using accounting moves soon to keep from defaulting. The House Freedom Caucus says its ...

President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...

President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after ...