Here’s what the GOP bill would do: At the center of the fight is the debt ceiling, the legal limit on how much the ... In total, the spending reductions could achieve more than $3 trillion ...

It’s not the first time lawmakers have tried to blow past the caps set by the debt limit deal. Last year, Senate appropriators produced a fiscal 2024 Pentagon spending bill that included $8 ...

Lael Brainard, the director of the National Economic Council, said lawmakers should raise taxes on companies and the ...

WASHINGTON: The House passed debt-limit ... government spending through the 2024 election and avert a destabilising US default. Lawmakers from both parties joined to approve the bill 314-117 ...

As the national debt has risen to more than $34 trillion and counting, Washington remains deeply divided on what to do about it. Congress suspended the debt ceiling last year, which limits how ...

Millions of new parents in the U.S. are swamped by medical debt during and after pregnancy, forcing many to cut back on food, ...

Kevin McCarthy agreed to demands by a small group of hard-right conservatives who wanted lawmakers to limit spending ... government spending in what's known as an omnibus bill, often before ...

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress. The Federal Reserve went down a ...

The passage of the bill helps the US avert what ... a legislation that suspends the debt ceiling limit for two years in exchange for spending cuts in the federal budget. PREMIUM House Speaker ...

If you don’t pay your bill in full by the due date, you may incur interest charges and fall into debt ... that limit. Most financial institutions allow you to track your credit card spending ...

To help you out on your next spending, CNBC Select details the ... and an additional 1% after you pay your credit card bill. There's no limit to the cash back you can earn. Who's this for: The ...

I shouldn’t have to have a political problem in my district because I voted for a bill ... spending should increase more than the 1 percent allowed under last year’s debt limit law.