WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

WASHINGTON — The Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt the dollar's reserve ...

President Donald Trump on Tuesday blasted Sen. Rand Paul after the Kentucky Republican criticized the massive Trump-backed budget bill over its provision to raise the debt ceiling by trillions of ...

Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...

Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this borrowing cap, most other nations take ...

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 ...