The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are different than when Congress fails to fund the government. The recently ...

President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

We’ve gotten a preview of the next four years in the space of a few hours on Wednesday. Elon Musk provided the shock troops to topple an end-of-year spending deal, and Donald Trump provided the final ...

The U.S. government will reach its borrowing limit on Tuesday, according to Treasury Secretary Janet Yellen. The Treasury Department will take "extraordinary measures" to avoid breaching the debt ...

A Senate panel discussed legislation that would limit debt collectors from taking more than 10% of a person's paycheck as ...

Medical debt doesn't just vanish, but are there time limits on this type of debt? Or does it linger indefinitely?

U.S. President-elect Trump attends a Turning Point USA event in Phoenix, Arizona WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then ...

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 the ...