WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

NPR Financial Correspondent Maria Aspan, Host of "Politics Nation" Rev. Al Sharpton, and President of Media Matters for America Angelo Carusone join Nicolle Wallace to discuss the latest flip flop ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...

There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, ...