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 ...

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal ...

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 ...

President Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative deal on raising the nation's $31.4 trillion debt limit, giving Congress time to pass it before June 5, when the ...

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 ...

Long an anachronism of American politics, the debt ceiling is back front and center on Capitol Hill as lawmakers grapple with trying to pass a budget. President-elect Donald Trump threw a monkey ...

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

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 ...