Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal ...
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
Lawmakers have suspended the debt ceiling, a limit on government borrowing to pay for bills already incurred, until Jan. 1 ...
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 ...
Treasury Secretary Janet Yellen suggested that the United States is on the precipice of economic calamity unless lawmakers ...