Treasury burns through funds amid bumpy debt ceiling talks
The Treasury Department is steadily draining the funds it has to pay the nation's bills during the debt ceiling impasse.
2023-05-20 07:21
U.S. government posts smaller $176 billion April surplus as revenues shrink
By David Lawder WASHINGTON (Reuters) -The U.S. government reported a $176 billion surplus in April, down sharply from a year-ago
2023-05-11 03:29
If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:57