Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

The OBBB Act raises the debt ceiling and impacts Treasury strategies with $2 trillion in new T-Bills forecasted. Click here ...

The US's ballooning debt burden is sparking concern on Wall Street. The country is one of just 21 worldwide whose debt-to-GDP ratio exceeds 100%. Concerns about deteriorating public finances have ...

From soaring deficits to political theatrics, gold’s strength holds as investors hedge against mounting US fiscal instability ...

The US could default on its $36 trillion debt as early as July and no later than October without congressional action, according to a study released Monday.

The cost of insuring against non-payment of US debts through derivatives is elevated, and close to the levels it reached in some of the more acute debt-ceiling episodes of years gone by. Activity ...

The current debt limit suspension ends on January 1, 2025. The agreement allows a few extra months for the Treasury Department to use what's known as “extraordinary measures” to keep the ...

Democratic President Joe Biden and the Republican-controlled House of Representatives reached a debt ceiling agreement last year that lifted the government's $31.4 trillion borrowing limit, ending ...

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.

What is the US debt ceiling? The debt ceiling is the maximum amount of money the government can borrow. On January 19, the US hit its borrowing limit of $31.4 trillion.

Bessent said in a letter to congressional leaders that he had determined that the "debt issuance suspension period" previously scheduled to expire on Friday needed to continue. The declaration allows ...

When will the US hit its debt ceiling? Here's what you need to know. Skip to main content. Boydton, VA. Boydton, VA. Local News. Subscriptions; Animals ...