GOP Rep. Ryan Zinke of Montana responded to the draft of the GOP mega bill that includes Trump’s demand for a debt hike, ...

Congressional Republicans need to act for a few reasons. First, many of the tax cuts passed in 2017 under the first Trump ...

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

The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...

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

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

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

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

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

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

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

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