News

Senate Republicans are backing a budget package that would raise the debt ceiling by $5 trillion, the largest increase in U.S. history, raising questions about its economic impact. The proposal is ...
U.S. Treasury Secretary Scott Bessent was mocked online after testifying before a House appropriations subcommittee that the Trump administration plans to raise the debt ceiling without relying on ...
House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda. The proposal, which was included in ...
WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on Congress ...