WASHINGTON, D.C. — President-elect Donald J. Trump and Vice President-elect JD Vance released a statement Thursday lambasting Congressional Republicans for allowing the United States to hit its debt ceiling in 2025 and…
Treasury Secretary Janet Yellen said Tuesday that the U.S. could slide back into economic recession if Congress fails to raise the debt ceiling by Oct. 18. “It would be catastrophic to not…
Senate Majority Leader Chuck Schumer told his caucus Monday that Congress must pass a bill to raise the debt ceiling this week. “Let me be clear about the task ahead of us,”…
The no. 2 Democrats in the House and Senate gave contradictory messages about their plan to raise the debt ceiling Tuesday, with one saying that Democrats may have to resort to a…
Treasury Secretary Janet Yellen repeated an urgent request for Congress to raise the debt ceiling Tuesday, warning about the potentially devastating consequences of the U.S. defaulting on its debt. Yellen warned that…
Senate Republicans Monday filibustered Democrats’ bill to fund the government and suspend the debt ceiling, days before a potential federal shutdown and possible debt default. Republicans vowed for weeks to oppose a…