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Google to Sell Its First Bond

Google is planning to sell its first-ever bond offering, seizing on near-record-low rates and insatiable appetite for corporate debt.

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Lawmakers told $2 trillion debt cap raise needed: sources

The Treasury has told lawmakers a roughly $2 trillion increase in the legal limit on U.S. federal debt was needed to ensure the government can keep borrowing through the 2012 presidential election, sources with knowledge of the discussions said.

Wisconsin's Walker to absent Democrats: 24 hours to return

Wisconsin's Republican Gov. Scott Walker said on Monday that absent senate Democrats have 24 hours to return and vote on a measure to reduce the power of public sector unions or the state will miss out on opportunity to refinance its debt.

Obama to propose relief for states overburdened by debt

Heavily indebted states could get immediate relief from the Obama administration under a plan to temporarily suspend interest payments they owe the federal government for borrowing money to cover the soaring cost of unemployment benefits.

US debt passes $14 trillion, Congress weighs caps

The United States just passed a dubious milestone: Government debt surged to an all-time high, more than $14 trillion....

Geithner says U.S. could hit debt limit by March 31

The United States could hit the legal limit on its ability to borrow as soon as March 31 and faces serious consequences unless Congress acts by then to raise it, Treasury Secretary Timothy Geithner said on Thursday.