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

Earlier this week, Bessent twice testified in front of congressional committees that the Treasury’s debt ceiling is “on the warning track.” After the debt limit was reinstated in January ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday. He is calling on ...

Treasury Secretary Scott Bessent warned Speaker Mike Johnson on Friday to raise the debt ceiling by mid-July, in case the ...