For the first time in months, President Joe Biden and House Speaker Kevin McCarthy appear to be on the same page: The country cannot default on its debt and a compromise has to be reached to avert ...

WASHINGTON – President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle Saturday to raise the nation’s debt limit and cut government spending, capping a ...

The tentative deal raise the debt limit on how much the government can borrow until 2025, averting a default that could happen June 5 if the debt ceiling is not raised. This was always Biden's top ...

President Biden and House Speaker Kevin McCarthy announced a deal to increase the government debt limit so the U.S. can avoid a default and economic turmoil.

President Biden and Speaker McCarthy met Monday to continue debt ceiling talks The two leaders met in person Monday at the White House after a "productive" phone call on Sunday about the debt ceiling.

WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling on ...

President Joe Biden will meet again Friday with congressional leaders to discuss the federal debt ceiling amid a standoff on a deal, House Speaker Kevin McCarthy said. Follow here for live updates.

The latest on the debt ceiling deal: The House voted to pass Speaker Kevin McCarthy's debt ceiling deal with President Joe Biden tonight on a 314-117 vote.; The bill will now go to the Senate ...

House approves Biden-McCarthy debt ceiling, spending cap bill The House overwhelmingly approved the Fiscal Responsibility Act of 2023 Wednesday evening on a 314-117 vote. The bill now heads to the ...

The U.S. government was as few as 10 days away from running out of cash — and President Biden and House Speaker Kevin McCarthy still seemed to be getting nowhere. It was May 22, and the two men ...

President Joe Biden and top lawmakers agreed on Tuesday to further talks aimed at breaking a deadlock over raising the $31.4 trillion U.S. debt limit, with just three weeks before the country may ...

Staring down a fast-approaching deadline to raise the debt limit, they need to find some kind of common ground as they publicly jostle over the federal government's $31.4 trillion in debt.