“I respectfully urge Congress to act to protect the full faith and credit of the United States,” she added. Yellen’s ...
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done ...
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
Outgoing Treasury Secretary Janet Yellen issued a dire warning that "extraordinary measures" will need to be taken to avoid a ...