President-elect Donald Trump on Wednesday shone a spotlight on the debt ceiling, rejecting a bipartisan government funding deal negotiated by House Speaker Mike Johnson and demanding lawmakers raise ...

Unless the United States Congress raises the so-called “Debt Ceiling,” the US Treasury will run out of money and may default on its debts. This could happen as soon as June 1st. Republicans in ...

Washington — Congressional leaders and President Joe Biden will meet Tuesday at the White House as the possibility of defaulting on the national debt inches closer to reality. Treasury Secretary Janet ...

Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars owed to foreigners. That prospect recalls memories of a 1998 ...

(The Hill) – Higher education is biting its nails watching the debt ceiling timer tick down in Washington. Colleges and universities are working in the background on contingency plans if the U.S.