A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a ...
President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term. By Alan Rappeport Alan Rappeport covers the Treasury Department and has reported on ...
National debt has become one of the defining pressure points of the global economy, shaping everything from interest rates to ...
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ceiling, which caps how much money the Treasury can owe to pay the country’s ...
President-elect Donald J. Trump is known for his tight grip on members of his party, but the rare rejection of his demand to suspend the debt limit reflected a disconnect that could plague his policy ...
Treasury Secretary Scott Bessent has overseen $1.8 trillion in new debt issuance since the One Big Beautiful Bill Act lifted the debt ceiling. Bessent prioritized short-term Treasury Bills, with 60% ...