Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a five-year period, according to a person familiar with the matter.It wasn’t ...

By David Morgan, Bo Erickson and Davide Barbuscia WASHINGTON (Reuters) -As President Donald Trump's Republicans push ahead on a sweeping tax-cut and spending bill that nonpartisan analysts say could ...

Hudson County's Congressional delegation was split on the debt-ceiling deal that finally cleared the U.S. Senate today after a months-long impasse, though even supporters said they voted in favor ...

Even a brief debt ceiling breach of about one week would slash 1.5 million jobs, raising the unemployment rate from 3.4% to 5%, a Moody's Analytics report found in March.

New spending. Debt ceiling increased by $5 trillion; Nearly $150 billion in additional border security spending, including $46.5 billion to construct a U.S.-Mexico border wall and about $30 ...

WASHINGTON — As Republicans barrel toward a critical deadline this summer to lift the debt ceiling, they say there’s no “Plan B” to avert an economically disastrous default if they fail to ...

The federal government risks defaulting on its debt sometime this summer or early fall without congressional action to address its debt ceiling, a new analysis found. The Bipartisan Policy Center ...

Sen. Elizabeth Warren, D-Mass., wrote that President Donald Trump was right about wanting to eliminate the debt ceiling, while still opposing the White House's large spending bill.

Trump wants debt ceiling raised or scrapped in new government funding bill 05:10. President Donald Trump and Sen. Elizabeth Warren of Massachusetts have been slinging insults at each other for ...