House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

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

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

I don’t think we’ll have a debt limit suspension because Republicans like to revisit this conversation,” Tom Cole (R-Okla.) ...

“A failure to suspend or increase the debt limit would wreak havoc on our financial system and diminish America’s security and global leadership position,” Bessent warned Friday. If ...

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

“I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States,” Bessent wrote. The ...

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

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

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

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...