Trump, debt ceiling

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...