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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, ...
Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling
Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...
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 ...
U.S. likely to hit debt limit by August if Congress doesn’t act, Treasury warns
The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...
House GOP spending chief: ‘I don’t think we’ll have a debt limit suspension’
House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...
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 ...
No tax on tips, child tax credit, and MAGA saving accounts: What's in the GOP tax bill
It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe ...
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Republicans Face Internal Disagreements Over Trump Tax Cut Package
Explore how Republicans are debating President Trump's tax cut plan while managing their narrow majority in Congress.
US could hit debt ceiling by July: Bessent
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...
US debt limit measures might run out in August
Washington: Treasury Secretary Scott Bessent has told US lawmakers that his department's ability to use special accounting ...
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Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says
“to protect the full faith and credit of the United States.” (CNN) — Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ...
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Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says
(CNN) — Lawmakers have until August to address the debt ceiling or the US could default ... “to protect the full faith and credit of the United States.” The projection gives Republican ...