The enormous surge in the national debt comes as Congress and President Trump approved the latest omnibus spending bill, ...

The passage of the “Big, Beautiful Bill” and its $5 trillion debt-limit increase has averted the crisis for now but not forever. “Increasing the debt ceiling should […] ...

Senate Republicans are pushing to cut spending by $9 billion after passing a massive tax bill that is projected to hike the deficit by $4 trillion.

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse ...

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

WASHINGTON (AP) — The House has passed the massive tax and spending cuts package that President Donald Trump calls “beautiful,” getting it to his desk a day before the July 4 deadline that he had set.

That stance has often led to standoffs over raising the nation’s borrowing cap, with Republicans insisting that any increase in America’s so-called debt limit be paired with spending reductions.

Senator Elizabeth Warren spoke to reporters about Senate Republicans' efforts to pass President Trump's tax cut and spending agenda at the Capitol in Washington on Wednesday.

President Trump’s newly passed One Big Beautiful Bill Act will, by most conventional estimates, add trillions to America’s ...

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.