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 ...

The debt ceiling does nothing to enforce fiscal discipline—and threatens real economic harm. Congress should drop this outdated and dangerous charade. President Trump is right. We should junk ...

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 ...

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 ...

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 ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...

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 ...