In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

The United States’ $36 trillion debt ceiling signals lower liquidity until March 14, which could lead to a temporary Bitcoin ...

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

Speaker Mike Johnson (R-La.) on Tuesday said he is “not wed” to including a debt limit increase in the reconciliation package ...

Key Points ・Department of Education is increasing its direct monitoring of student loan servicers ・More accountability on ...

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

And it will immediately face a familiar problem: The debt ceiling — the limit on how much money, in total, the United States can borrow — which the Treasury is close to hitting. When this last ...

The United States borrows money to pay its bills and ... borrowing cap was not necessary and said last week that the “Debt Ceiling guillotine” should be either extended or terminated before ...

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here. Alexander Hamilton ...

Under the 2023 budget deal, Congress suspended the debt ceiling until January 1 ... Without the 2023 debt limit increase, the United States would have seen a historic default on its debt payments ...

CAMBRIDGE - The tentative deal that was just struck to raise the United States' debt ceiling won't make the problem go away. Partisan standoffs over the federal debt limit have become a ...