debt limit

Top GOP congressional leaders indicated Saturday afternoon they are close to reaching a deal with President Obama to raise the nation's debt limit and avoid what would be an unprecedented national default.

Investors are seeking alternatives to United States Treasury bonds as worries escalate that lawmakers will fail to rein in the deficit and raise the federal debt limit in the coming days.

The government can't legally borrow anymore, so it is staving off default by tapping into federal pension funds.

Failure to raise the U.S. debt limit could lead to an unprecidented default on U.S. Treasury securities, and most people realize that a default ...

Want to avoid raising the county's debt ceiling? It could be harder than anyone thinks.

In a rare on-the-record appearance before reporters, Federal Reserve Chairman Ben Bernanke gave a dire warning to lawmakers: Raise the debt limit now.

The House on Thursday voted to effectively raise the cap on how much the government can borrow to a record level.

With the federal government inching close to the debt ceiling, the Senate on Thursday passed a $290 billion increase to the amount of debt the Treasury is allowed to have.

The Senate will act to raise the country's debt limit on Thursday before closing shop for the year. That's the plan anyway.

The House on Wednesday narrowly passed a $290 billion increase to the amount of debt the Treasury is allowed to have.

Currently, the debt ceiling is set at $12.104 trillion, and if the Senate passes the House-approved increase, it would rise to $12.394 trillion.