The kicked-can of a deal sets up a bigger battle this winter. The TAKE with Averi Harper On the Senate floor Thursday morning, Senate Minority Leader Mitch McConnell took credit for resolving a crisis ...

In a cliffhanger vote that took Congress halfway to saving America from defaulting on its debts, the House on Monday evening narrowly approved a deal to cut spending and raise the nation’s borrowing ...

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 ...

Senate Majority Leader Chuck Schumer said Thursday that lawmakers had reached a deal to extend the federal debt ceiling through December and that a vote on the measure could take place within hours.

SAN FRANCISCO (KGO) -- With only days left, Republicans and Democrats are still unable to reach a deal to raise the country's debt ceiling. If a compromise isn't reached, the federal government could ...

“What the House did is wrong.” They secured an agreement from Schumer, which he read on the floor, stating that the debt ceiling deal “does nothing” to limit the Senate's ability to approve other ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

WASHINGTON — A deal has been reached between Senator Chuck Schumer (D-N.Y.) and Senator Mitch McConnell (R-K.Y.) to temporarily raise the debt ceiling and avoid a default by the Treasury Department.

Trump Treasury Secretary Scott Bessent demanded to push America deeper into debt during a recent testimony before the House of Representatives. White House tours canceled indefinitely because of Trump ...