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Today, Nevada State Treasurer Zach Conine signed onto a letter to U.S. Speaker Kevin McCarthy, urging the House of Representatives to increase…
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A local Reno financial advisor says he hopes people take the opportunity to plan for their financial futures.
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Markets so far remain calm, as the government can temporarily rely on accounting tweaks to stay open.
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Yellen said it is 'critical that Congress act in a timely manner' to increase or suspend the debt limit.
Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation’s first-ever default soon after Dec. 15. In a letter to congressional leaders, Yellen said that she believed Treasury c
The Congressional Budget Office is upping its projections for this year's federal deficit by $63 billion and increasing its forecast for deficits over the next decade by $809 billion.
House leaders have announced plans to vote Wednesday on a bill to deliver disaster relief to Texas as it recovers from Harvey.
Must-pass legislation to allow the government to borrow money to pay its bills has cleared Congress for President Barack Obama's signature.
The GOP-controlled House has passed a measure extending Treasury's borrowing authority with overwhelming support from President Barack Obama's Democratic allies.
The U.S. government is getting a new borrowing cap Friday, almost four months after Washington diffused October's government shutdown and debt crisis.