The 217-215 vote moves a wide-ranging compromise bill to the Senate, where it is not expected to have the votes to pass. The House of Representatives voted 217-215 Wednesday to approve a broad debt ...

A number of declared and prospective Republican presidential candidates are voicing opposition to a debt ceiling deal that House Speaker Kevin McCarthy (R-Calif.) struck with President Biden this ...

"Republicans can't even get their own party behind one plan, let alone both parties," Rep. Alexandria-Ocasio Cortez wrote on her Instagram story.

In June, I compiled a guide of nine things to know about the debt ceiling. Back then, Congress and the White House had eight weeks to reach an agreement before the Aug. 2 ...

The US is dangerously close to defaulting on its debt, and Congress has under two weeks to pass legislation to avoid that catastrophic outcome.

President Obama signed into law the debt-ceiling bill – formally called the Budget Control Act – shortly after his speech. later in the day he took the next step with a message to the U.S. Congress.