debt limit - Search News

News

debt ceiling, Scott Bessent and Treasury Secretary

CBS News on MSN · 4d

U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

USA TODAY on MSN · 3d

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

CNN International on MSN · 3d

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

1hon MSN

GOP Rep.: ‘Now is not time to punt’ on the debt limit

GOP Rep. Ryan Zinke of Montana responded to the draft of the GOP mega bill that includes Trump’s demand for a debt hike, ...

7h

Debt-ceiling woes are back in focus for investors

The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...

1d

House committee budget bill proposes raising debt ceiling by $4T, doesn't tax tips or overtime

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the ...

1d

Ticker: Debt ceiling looms again; Profits at Aramco down 4.6%

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

7d

Bessent Says US on Debt-Limit ‘Warning Track,’ But No Timing Yet

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

5dOpinion

You might not like the solution to the debt crisis, but here's how to fix America's spending problem

Preserving the American Dream means making some smart, targeted moves now—so we don’t lose everything later. Slightly higher ...

5d

Ohio lawmakers want to keep medical debt from crushing patients

A bipartisan bill in the Ohio House aims to make life easier for Ohioans who get hit by unexpected medical costs.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results