The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.

Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit…

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…

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…

Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.

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

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

The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.

The publication of former President Donald J. Trump’s private tax documents comes amid questions about why the I.R.S. failed to fully audit him during his…