The GOP's tax bill raised the U.S. debt limit by $5 trillion, which will pave the way for the Treasury Department to issue a deluge of short-term debt to quickly refill its general account. (BofA ...

NEW YORK (Reuters) -More than $1 trillion in U.S. short-term bills are expected to flood the market over the next 1-1/2 years following the increase in the debt ceiling, as the Treasury replenishes ...

The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June.

WASHINGTON (AP) — Senate leaders announced an agreement Thursday to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say ...

WASHINGTON — Senate Republican leader Mitch McConnell has given Democrats a new offer to extend the federal debt ceiling into December. The Senate has gone into recess so lawmakers can discuss the ...