Wall Street is pushing back their expectations as to when the US government will exhaust its borrowing authority under the ...

Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new ...

Market watchers may want to keep their summer plans loose. The action in Washington this past week did little to clarify the endgame for President Trump and Republicans on an array of issues ...

A 90-day pause on some reciprocal tariffs (expiring July 9), advances in Congress on tax cut plans (with new commitments to pass it by August), and the debt ceiling (potentially breached this ...

The real deadline will be the debt ceiling.” The federal government is projected to hit the true debt limit sometime this summer. The Cato survey found Americans support 40% across-the-board ...

US raises debt ceiling to over $36.2 trillion, easing short-term default fears but fueling concerns over long-term fiscal sustainability. Short-term confidence in traditional assets may suppress ...

Congressional Republicans also plan to use the budget blueprint to raise the federal government's debt ceiling, which they must do by this summer or risk default on the nation's $36.6 trillion in ...

The US deficit has surged to $1.3 trillion in just six months — the second-largest gap on record — raising urgent concerns about a looming debt ceiling crisis. A fiscal watchdog has issued ...

Senators made big changes when they passed their version, directing their committees to find just $4 billion in reductions and envisioning a $5 trillion hike in the debt ceiling. House Budget ...