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

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...

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

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

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

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 Treasury secretary urged Congress to raise the borrowing cap by mid-July.

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

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

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