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 ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...

One of the biggest pros of consolidating debt with a personal loan is the chance to lock in a lower interest rate. If your credit card interest rates are high (the average rate is around 20% ), a ...

A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in order to pass President Trump’s domestic agenda. The 70-page ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

The Bipartisan Policy Center estimated that members of Congress will have to vote to increase the debt ceiling before the limit is breached for the federal government to be able to keep paying its ...

The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt limit increase. Historically, debt ceiling ...

Senate Republicans took a major step toward enacting President Donald Trump’s tax cut agenda and increasing the US debt ...

But that chapter is in the past. Looking down the road, the next big conflict on the horizon involves the debt ceiling. This week, the Congressional Budget Office will release its latest report on ...

House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic support for a debt-ceiling hike will come at a cost for Republicans.