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 ...

If passed, Democrat's $3.5 trillion spending bill will give the IRS permission to snoop on nearly every American's bank ...

A top Democrat in the U.S. House of Representatives on Tuesday said he would support allowing the U.S. Treasury secretary to ...

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 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.

Senate Majority Leader Chuck Schumer criticized Republicans for being “reckless” and urged them to “get out of the way” and ...

Joseph J. Thorndike traces the ugly history of debt limit fights back to 1941, when Democrats and Republicans in Congress ...

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

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