Janet L. Yellen: “Historically, it is a high level, but on the other hand, interest rates, real interest rates have moved down…”

The failure to raise the debt ceiling would cause an economic and financial catastrophe.

We have degraded the Kremlin's ability to replace more than 9,000 pieces of heavy military equipment that it has lost on the battlefield.

We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.

Treasury continues to impose sanctions to constrict Russia's ability to wage war.