Members of President Donald Trump’s own party could complicate his effort to avoid a standoff over extending the nation’s ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...

The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...

As for the fire-aid-for-debt-limit trade, GOP lawmakers who first raised the idea with Trump at recent Mar-a-Lago meetings said he was interested in the prospect at the time. That would mean making a ...

House Minority Leader Hakeem Jeffries (D-N.Y.) on Thursday rejected the idea of combining California wildfire aid with a debt ceiling hike, saying Democrats would oppose such a package if Republicans ...

Top House Democrats are pouring cold water on a Republican proposal to trade a debt limit increase for California wildfire ...

Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...