We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

Since the start of President Donald Trump‘s second term, the weight of the world, or at least of global markets, international trade, and geopolitical relations, has fallen on the shoulders of ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of Congress, predicting it would be reached in August. Bessent said that based on ...

Treasury Secretary Scott Bessent testifies before the House Committee on Appropriations, Subcommittee on Financial Services and General Government, oversight hearing of the U.S. Department of the ...

Lawmakers have until August to address the debt ceiling or the U.S. could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, ...

WASHINGTON — The United States could hit its borrowing limit by August if Congress fails to raise or suspend the current debt ceiling, the Treasury Department warned in a letter on Friday. Treasury ...

WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on Congress to ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a letter ...