The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...

The agency is being gutted at the same time that its revenue will determine how much longer the government can operate before ...

It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...

warned in a statement that a default would be a calamitous outcome for the U.S. and urged lawmakers to raise the debt ceiling while working to lower the country’s national debt. STAGFLATION CHAT ...

But House GOPers passed a $4.5 trillion budget resolution with those tax cuts days before the upper chamber’s version — $4 trillion of which was attributed to a raise in the debt ceiling.

The clock is ticking for lawmakers to raise the nation’s debt limit to avert a default that could have catastrophic economic consequences as Republicans mull whether to include a provision to ...

The budget resolution also sets the stage for the House to raise the debt limit by $4 trillion and the Senate to lift it by ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...

The action in Washington in the past week has done little to clarify what Donald Trump's endgame will look like, but it ...

The Senate prepares to vote on President Donald Trump's budget bill as Senate Democrats and Republicans struggle to come to an agreement.

An analysis released on Monday by the Bipartisan Policy Center estimates that the U.S. could run out of cash by mid-July if Congress did not raise or suspend the nation’s debt limit. Trump had ...