Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

WASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special ...

Congress can fix the debt, and this begins with a single-issue continuing resolution that admits to America’s spending ...

Follow live updates and the latest news as government funding is set to expire on Saturday if Congress fails to pass a ...

The US House has passed a bill 366 to 34 to fund the government in a crucial step towards averting a shutdown, which would begin shortly after midnight Senators will now have to vote on the bill ...

: The stop-gap spending bill has been revised to remove the provision discussed herein. However, life sciences companies ...

The Pacifica Quartet gave the first of two performances playing the Library of Congress collection of priceless Stradivari instruments ...

Speaker Mike Johnson’s (R-La.) handling of an end-of-year spending deal has thrown his future into uncertain territory ahead ...

The debt ceiling puts a limit on how much money the Treasury can owe to cover the country’s bills. The national debt currently stands at more than $36 trillion. Under a previous bipartisan plan passed ...

Congress wants to give reservations to Muslims by increasing the quota limit beyond 50 per cent. But today I once again say with responsibility in this House that as long as there is even a single ...

"Did Congress just kill the debt ceiling?" asks Annie Lowrey at The New York Times. The short answer (spoiler alert) is no, probably not. But a provision of the Default Prevention Act, passed by ...