WASHINGTON — 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 repeated his warning that his department is on the “warning track” toward exhausting its ...

Treasury Secretary Scott Bessent said that his department is on the "warning track" toward exhausting its capacity to stay ...

U.S. Treasury Secretary Scott Bessent didn't have an estimated X-date, the time at which the Treasury expects to run out of ...

On Capitol Hill, that deadline is more than a bookkeeping entry. Republican leaders have tied their sweeping bill covering ...

(Bloomberg) — Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its capacity to stay within the federal debt limit ...

"We're on the warning track," he said. He'll share with Congress when the U.S. government "is approximating that date," Bessent said. The debt limit had been suspended from June 3 until Jan. 19 ...

U.S. Treasury Secretary Scott Bessent said on Tuesday that the department was "at the warning track" in terms of exhausting remaining borrowing capacity under the federal debt ceiling, but vowed that ...

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 ...