GOP ponders how to raise the debt ceiling despite dozens of members who've always held out
Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...
GOP leaders in debt limit quandary between Trump, fiscal hawks
Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...
Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’
House Minority Leader Hakeem Jeffries (D-N.Y.) on Thursday rejected the idea of combining California wildfire aid with a debt ...
Federal government to hit $36T debt limit on Tuesday
President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
The Wall Street Journal on MSN6d
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
Trump now must confront a problem he can’t solve alone: The debt ceiling
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...
The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...
US Treasury Adds Measure to Avert a Debt-Ceiling Breach
The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.