WASHINGTON, DC (AP) — The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S.

WASHINGTON - Congress on Wednesday approved an 11th-hour deal to end a partial government shutdown and pull the world's biggest economy back from the brink of a historic debt default that could hav ...

The nation appears to be on track to avoid an economic calamity. A last-minute debt agreement between President Biden and House Speaker Kevin McCarthy, R-Calif., forged over the weekend, has famili ...

Top leaders in both parties reached a long-sought deal on Saturday to avoid an unprecedented government default, announcing an agreement on a plan to lift the debt ceiling for two years and apply new ...