The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.

While a government shutdown would be disruptive, a government default could be disastrous." Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling.

President Trump's budget bill will add to the US debt pile but is there a limit to how much the rest of the world will lend ...

The United States of America is never going to default, that is never going to happen,” said U.S. Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes to defaults, ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

A new projection of Washington's looming "X date" — when the US government will be unable to pay its bills because of the ...

As Republicans have pushed forward on a bill expected to drive the debt higher, Trump has stepped up his campaign against ...

The US Treasury will continue using emergency accounting measures to prevent breaching the debt ceiling until July 24, 2025.

Some 450,000 Americans aged 62 and older are in default on their student loans, the Consumer Financial Protection Bureau ...