President Joe Biden has dished on his closed-door negotiations with congressional Democrats over his $2 trillion social ...

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

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

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

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.

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 ...

On Thursday, President Joe Biden signed a bill to raise the United States' debt ceiling, narrowly avoiding a default on the country's debt Oct. 18. If Congress had failed to pass a resolution, the ...

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 ...