Washington: Treasury Secretary Scott Bessent has told US lawmakers that his department's ability to use special accounting ...

Lawmakers should raise the nation’s borrowing limit by mid-July to prevent the federal government from defaulting on its ...

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

WASHINGTON] There is a “reasonable probability” the United States will hit its borrowing limit in August when Congress is in recess, Treasury Secretary Scott Bessent said on Friday, calling on ...

There is a “reasonable probability” the United States will hit its borrowing limit in August when Congress is in recess, ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

The Treasury Department said Friday it would likely run out of cash to pay the nation’s bills by August, setting a new, ...

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

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