The debt limit fight arose in mid-December after President-elect Donald Trump demanded at the eleventh hour that Republicans ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing ...

Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

The speaker wants to raise the debt ceiling as part of one large budget reconciliation package. House Speaker Mike Johnson (R-La.) during a press conference Tuesday. Angelina Katsanis/POLITICO ...

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...