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

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 government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

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

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

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

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

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

The Treasury secretary urged Congress to raise the borrowing cap by mid-July.

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Bessent urged Congress to raise or suspend the debt limit by mid-July, to "protect the full faith and credit of the United ...