Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
President Donald Trump’s weekend comments regarding irregularities in Treasury payments were a reference to billionaire Elon ...
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...
Ron Wyden (D-Ore.), the top-ranking Democrat on the Senate Finance Committee, told HuffPost. A small group of Republicans have long argued that there is an alternative to simply raising the debt ...
“On Jan 2, 2025, the new debt limit ... of securities held by a federal trust fund. The extra headroom is likely to be exhausted by Jan 14 to 23, Yellen said. At that point, the Treasury will ...
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