The president has been racing to reach a budget deal with House Republicans to get their support to raise the debt ceiling before the U.S. runs out of money, which Treasury Secretary Janet Yellen ...

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he came out against a deal reached by congressional lawmakers to fund the government before ...

As President Donald Trump's Republicans push ahead on a sweeping tax-cut and spending bill that nonpartisan analysts say ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

As the US national debt hits a staggering $36 trillion, President Trump's 'great and beautiful law' faces scrutiny. With a ...

President-elect Donald Trump has forced Mike Johnson (R-LA) into a speakership-defining moment on the debt ceiling, pitting him against House Republicans in a fight over government funding. On ...

The US last dealt with a debt ceiling crisis in early 2023, when it hit its $31.4 trillion debt limit. After months of contentious negotiations between the GOP-led House and the Democrats who ...

President-elect Trump has thrown a wrench into government funding negotiations with his call to eliminate the debt ceiling just days before a potential shutdown. Republican lawmakers are already ...

Tariffs: A 90-day sprint until July 9. Tariffs have been front of mind for markets. Trump's move this week to authorize a 90-day pause on his additional reciprocal tariff plans — except for ...

The U.S. is on track to hit its statutory debt ceiling — the X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House.

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between ...