Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

President Donald Trump has declared that tariffs would not only tackle America’s $36 trillion national debt but would also ...

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...

On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president's plan.

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...