House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

Debt is simply the total amount of money the US government owes to its lenders, currently amounting to $36.2 trillion. This ...

Rep. Thomas Massie (R-Ky.) labeled the spending bill a “debt bomb ticking” on Thursday ahead of the House vote passing legislation along party lines following an all-night marathon session. The ...

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

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

That day, the federal debt was $33,990,127,522,066.83.

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

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

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

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

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

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...