You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federaldebtlimit.
The U.S. government has less than three weeks to raise its debtlimit before it will need to take “extraordinary measures” to sustain federal operations, Treasury Secretary Janet L.
GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...