But Republicans are using the separate debt ceiling vote to pursue spending cuts they couldn’t achieve through the regular constitutional budget process. Okay, but how could the 14th Amendment ...

The Treasury will soon have to start running down its cash reserves and turn to “extraordinary measures” to pay the ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he demanded a premature increase to the debt ceiling on “Biden’s watch” rather ...

Another is for the president to simply declare that the debt ceiling is unconstitutional under the 14th Amendment. Such workarounds have been debated extensively in the press and among budget ...

What does the 14th Amendment have to do with the debt ceiling? As fear grew last year over the failure to reach a deal on raising the debt ceiling last year, the White House was said to be ...

Days before the US government could start to run out of money and default on its debt, Congress has approved a deal to lift the country's borrowing limit. US President Joe Biden and Republican ...

During recent debt-ceiling standoffs, various plans to sidestep the limit were floated. Democratic Rep. Jamie Raskin told BI that the president could invoke a clause in the 14th Amendment that ...

The president-elect has also called on lawmakers to raise the debt ceiling – or get rid of it – as they race to avoid a shutdown over the holidays. Getting rid of the country's debt limit would be the ...

President Biden and House Speaker Kevin McCarthy reached a debt ceiling agreement. And since the deal has full congressional approval, I was glad to hear the news. The constant political wrangling ...

Getting rid of the debt ceiling would be the “smartest thing ... Others have argued a president could exert authority under the 14th Amendment, which says the “validity of the public debt ...