The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

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 Friday she expects the U.S. will officially run up against its borrowing limit in mid- ...

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by ...

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 ...

Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...

The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...