The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...
Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...
A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...
That period has now ended, forcing the debt limit to be raised and the Treasury Department to use “extraordinary measures” to manage the federal debt under the debt limit for several months or ...
Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...
Treasury’s cash and extraordinary measures ... more cash on hand compared to the start of the most recent debt limit debate in 2023,” said Shai Akabas, executive director of the center ...
That period has now ended, forcing the debt limit to be raised and the Treasury Department to use “extraordinary measures” to manage the federal debt under the debt limit for several months or ...
But the clock is nevertheless now ticking, with Treasury Secretary Janet Yellen recently outlining the steps ahead for the debt limit and noting that so-called "extraordinary measures" could begin ...