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‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
“I respectfully urge Congress to act to protect the full faith and credit of the United States,” she added. Yellen’s ...
What is the debt ceiling, and is Trump right that a default 'could mean nothing'?
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
Trump’s Debt-Ceiling Demand Signals A Return To Chaotic Governance
Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...
What to know about the debt ceiling debate as a government shutdown looms in Washington
President-elect Donald Trump has demanded that a provision raising or suspending the nation’s debt limit — something that his ...
What is the debt ceiling? Does California have a debt ceiling? What to know.
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.