Eliminating the federal debt ceiling, as President-elect Donald Trump advocated Thursday, would please Democrats and many budget experts, many of whom have long said that it serves no purpose and ...

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...

The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually ...

Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with ...

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...

Donald Trump hoped to avoid a debt ceiling fight in 2025, but it was not to be. Last month, Democrats and about three dozen of the most conservative Republicans made common cause to reject a plan ...

DORAL, Fla. — Democrats in Congress are considering forcing a showdown over the debt limit to rein in President Donald Trump’s vast plans to reshape the U.S. economy and remake the federal ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP ...

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...