"Therefore, I respectfully urge Congress to increase or suspend debt limit by mid-July, before its scheduled break, to ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

"Therefore, I respectfully urge Congress to increase or suspend debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States," Bessent wrote.

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Treasury Secretary Scott Bessent warned Speaker Mike Johnson on Friday to raise the debt ceiling by mid-July, in case the ...

Treasury Secretary Scott Bessent called on Congress ... “Therefore, I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the ...