The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S.

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

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

The Treasury Department will start taking extraordinary measures to allow the government to pay its bills while Congress ...

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

Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...