The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. Read ...
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
The rising costs of federal debt, an impending budget showdown, and Congressional turmoil is highlighting the complex ...
The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are ...
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.
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
A dearth of new Treasury supply could keep a lid on bond yields in the first quarter of 2025.DoraDalton/Getty Images The $36.1 trillion US debt limit was hit on Tuesday, prompting the Treasury to ...
Thus, the debt ceiling mechanism was never more than a rubber stamp and was abolished with ... They do not earn interest, however, they are sold at a discount and the government redeems them at face ...
Treasury chief doesn’t specify exact nature of the discussions Bessent emphasizes the US will never default on its debt Treasury Secretary Scott Bessent said that his department is conducting outreach ...