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 ...

Projections that the bill will increase the national debt over time miss the effects of this and of the nominal spending cuts ...

Senate Majority Leader Chuck Schumer said Thursday and 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.

Even if a debt ceiling deal is reached, Congress faces a serious time crunch to pass legislation before the end of the month. After a bill is drafted, ...

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 ...

WASHINGTON -- Unless Washington reaches a deal on the debt ceiling, government payments millions of Americans rely on each month could be in jeopardy in little more than a week. While the deadline ...

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.