What is the debt ceiling? The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck ...

The sprawling domestic policy measure now heads to the House, with Republicans hustling to get it to the president’s desk by ...

The Senate approved President Donald Trump’s signature policy bill Tuesday afternoon after a record-breaking 25 hours of ...

House Republicans passed President Donald Trump’s signature bill, bringing $4.5 trillion in tax breaks and spending cuts, ...

NEW YORK (Reuters) -The Republican-controlled U.S. Senate passed President Donald Trump's sweeping tax-cut and spending bill ...

House Republicans struggle to pass Trump's tax bill as Freedom Caucus demands changes, with failure potentially leading to a ...

Lawmakers voted largely along party lines to advance the megabill, overcoming weeks of closed-door negotiations and internal ...

Neither Colorado Senator voted for the budget bill, which now heads back to the House. Republicans are under pressure to pass ...

President Donald Trump’s signature tax bill narrowly passed the House Thursday morning, advancing a sprawling multi-trillion dollar package that would avert a year-end tax increase at the ...

Republicans, who have a majority in the House, wanted to cut government spending and refused at first to raise the debt ceiling until Biden and Democrats agreed to spending reductions.