Federal Budget (US) – Page 49

U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress

The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.

By Alan Rappeport and Jim Tankersley

Federal Budget (US) National Debt (US) Politics and Government United States Economy United States Politics and Government

U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress

The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.

By Alan Rappeport and Jim Tankersley

Federal Budget (US) National Debt (US) Politics and Government United States Economy United States Politics and Government

U.S. Deficit Fell to $1.4 Trillion in 2022

Borrowing remained elevated last year as spending fights loom in a divided Congress.

By Alan Rappeport and Jim Tankersley

Budgets and Budgeting Federal Budget (US) Government Bonds Interest Rates National Debt (US) Personal Finances Stocks and Bonds United States Economy United States Politics and Government

The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.

If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.

By Alan Rappeport Jim Tankersley and Jeanna Smialek