Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.

The US Treasury has $133 billion of extraordinary measures left, in addition to its cash pile, to help keep paying the ...

In this video, Marco from Whiteboard Finance breaks down the 2023 U.S. debt ceiling crisis and what it means for the economy, interest rates, and government spending. He explains what the debt ceiling ...

Civic arguments are a nonstarter. Cultural arguments are the heaviest of heavy lifts. Like it or not, for better or worse, if ...

GOP senators will attend a private dinner at Mar-a-Lago on Friday night, the day after House Republicans had a marathon ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

The Country Liberal government has scrapped the Northern Territory’s $15bn debt ceiling, with borrowing forecast to surpass ...

Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.

The Northern Territory’s debt continues to climb, with Treasury now predicting the government will breach its own spending ...

Tom Krause, a Silicon Valley executive with ties to DOGE, will become the fiscal assistant secretary of the Treasury ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...