The US national debt has climbed past $37 trillion — a record sum that shows how quickly the federal government’s borrowing ...

A new projection of Washington's looming "X date," when the US government will be unable to pay its bills because of the debt ceiling cap, finds that the deadline is likely to fall between Aug. 15 ...

But his extension to July 24 appeared partly aimed at keeping pressure on Congress to raise the debt ceiling as part of a massive tax-and-spending package before its traditional August recess.

U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash management measures to keep from breaching the federal debt ceiling by nearly ...