Tag: national debt
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
WASHINGTON -- In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special...
Janet Yellen tells Congress US could hit debt limit in mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation...
Senate eyes vote before midnight on government funding after House approves bill to prevent shutdown
WASHINGTON -- Approaching a midnight government shutdown deadline, the Senate set up votes toward final passage late Friday of a new plan that...
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
WASHINGTON -- WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a...
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction,...
New analysis suggests national debt could increase under Harris, but it would surge under Trump
WASHINGTON -- No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris'...