The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. Read ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain deadline for when the U.S. can no longer pay its bills.

The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.

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.

The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...

Gold revaluation gives the Treasury new options though. As described above, paying down Treasury bills could lengthen the maturity of the Treasury’s debt. In addition, the Fed’s holdings of Treasury ...

The US Treasury Department cut the ... start shrinking the amount of short-term securities it sells at weekly auctions. Even without a debt-ceiling crunch on the horizon, the government tends ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

“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 ...

After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...