The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt ...

America's debt has the potential not only to destabilize the economy, but to drive democracy even closer to the edge.

WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...

President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren (Mass.) ...

With a seemingly endless string of immediate crises (a government shutdown, immigration enforcement, tariff policies, etc.), it is easy to forget about long-term issues.

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility. By Alan Rappeport Reporting from Washington For years, Republicans have warned ...

On Wednesday, the House voted by a 314–117 margin in favor of H.R. 3746, which, if signed into law, would raise the debt limit for two years and cut spending on some discretionary programs. That bill ...

WASHINGTON, D.C. — President Joe Biden is urging Republicans not to use the filibuster to block Democrats in the Senate from raising the U.S. debt ceiling. “If you don’t want to help save the country, ...

Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

WASHINGTON, D.C. -- The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government open and escalating pressure ...

Boulder voters are favoring approval of increasing the city’s debt limit and extending a community and resilience tax in early election results as of 7:45 p.m. Tuesday. Boulder ballot item 2B seeks to ...

If debt limit isn't raised, interest rates would surge and markets would crash. April 12, 2011— -- The battle over whether to raise the federal debt ceiling is being fought in Washington, D.C., ...