Lawmakers are facing another debt ceiling countdown, and now Democrats are looking for ways to change the limit or eliminate it entirely. CNBC's Ylan Mui reports.

The stability of financial markets and federal benefits for tens of millions of Americans rely on lawmakers finding a ...

The House of Representatives on Tuesday approved a bill to raise the U.S. debt limit, the final hurdle to averting a ...

The current debt ceiling is $28.4 trillion. Both parties have contributed to that load with decisions that have left the ...

Biden’s future infrastructure bills were not related to the call to raise the debt ceiling, but they could have an effect should they become law.

The clock is ticking on a new deadline on the debt limit and a government shutdown. But Democrats are working on other things ...

President Joe Biden indicated he’d support ending the filibuster rule in the Senate to address the debt ceiling and ...

Hoping to end the partisan impasse over lifting the statutory debt ceiling, House leaders are considering taking up a bill designed to relieve Congress of the burden. A two-sentence bill sponsored by ...

The measure means the U.S. officially avoids a default, which experts warned would have led to a global recession and done ...

A majority of the U.S. House of Representatives on Tuesday voted to pass legislation raising the Treasury Department's ...

U.S. President Joe Biden on Thursday signed legislation temporarily raising the government's borrowing limit to $28.9 ...