It was not clear whether Trump was referring to debt service or other government payments made by the Treasury Department. The United States currently has $36.2 trillion public debt outstanding ...

US Treasury Secretary Janet Yellen says her department is likely to begin taking special accounting manoeuvers sometime in mid-January to avoid breaching the US debt limit, and urged lawmakers to ...

The US treasury department will start taking “extraordinary measures” next week to avoid risking a default on government debt, secretary Janet Yellen said Friday, days before President-elect ...

The U.S. government will reach its borrowing limit on Tuesday, according to Treasury Secretary Janet Yellen. The Treasury Department will take "extraordinary measures" to avoid breaching the debt ...

Treasury Secretary Janet Yellen ... that he would work with Congress to repeal the debt limit entirely if Trump wanted to do so. “The United States is not going to default on its debt if I ...

The U.S. economy is already grappling with rising inflation, high interest rates, and slowing growth. GDP is projected to grow by 2.7% this year, but that’s expected to drop to 1.7% by 2026.

The debt ceiling issue presents an early challenge to Yellen's expected successor, Trump Treasury pick Scott Bessent. The hedge fund manager told a U.S. Senate confirmation hearing on Thursday ...