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The bill extends Trump’s 2017 tax cuts and may add up to $5 trillion to the national debt, deepening worries after a recent ...
WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...
House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...
WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...
The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.
One of President Trump’s top economic advisers on Monday brushed off news that Moody’s Ratings downgraded the U.S.
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...
The debt downgrade does nothing to impair the reserve currency status of the U.S. dollar. Given the massive short position on ...
The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.
The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...
U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...