Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government ...
The United States is facing a potential economic crisis as it rapidly approaches its debt ceiling limit, with experts ...
Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike ...
When Republicans won unified control of government, they also won the responsibility to address the country’s debt limit.
President-elect Donald Trump took credit for killing the government funding bill and said there will be a shutdown unless ...
Incoming Senate Majority Leader John Thune (R-S.D.) on Thursday stopped short of embracing a proposal to add language to a ...
House Republicans have reached an agreement on funding the government before Friday's shutdown deadline. The deal would also ...
Called the debt limit or debt ceiling, it institutes a cap on how much debt the federal government can accrue. The problem with this idea, though, is that it mandates that the barn door stay ...
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.