Exceeding it could do irrevocable damage to the U.S. credit rating, interest rates and the dollar.

Are they auditioning in Washington for a Saturday Night Live skit?

Expectations for the future path of the Federal Reserve's balance sheet drawdown process have been scrambled in the wake of ...

The national debt can lead to higher inflation, higher interest rates, leave the country vulnerable to financial crises, and ...

NEW YORK (WBNG) -- With the recent passing of a new budget framework, lawmakers adopted a budget resolution that proposes ...

Yields on Treasury bills set to mature in July and August have been climbing, reflecting growing concerns the U.S.

A recent email I received from “P” asked for my opinion of “the current safety of U.S. Treasuries in this uncertain time.” ...

President Donald Trump said he's considering issuing checks to Americans out of savings created by Elon Musk, DOGE. Could you ...

Congress has until 11:59 p.m. March 14 to pass a measure to keep the government operating at full throttle — and there’s no sign of a deal in sight.

With House and Senate Republicans working their way through their respective legislative packages and President Trump waiting ...

The Treasury Department is already employing "extraordinary measures" to continue most normal debt issuance under the limit, but there is a wide range of estimates - stretching into mid-summer ...

House Republicans are working through disagreements to come together on a massive piece of legislation to advance President ...