The US Treasury Department cut the size of its four- and eight-week bill auctions, the beginning of what’s likely to be a ...

Republican Kentucky Sen. Rand Paul said Sunday on Fox News that the GOP is using the “same playbook” as Democrats ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

Senator Rand Paul said on Sunday that he will not support President Trump’s flagship domestic legislation unless a ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President ...

In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.

"Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal ...

Borrowing may become more expensive, particularly for large loans like mortgages and auto financing. Investment portfolios ...

After quashing a rebellion by budget hawks, the bill now goes on to the Senate, where another fight will ensue.