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

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

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

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

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 ...

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

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few days after Treasury Secretary Scott Bessent called on Congress ...

“I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States,” Bessent wrote. The ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal ...