Speaker Kevin McCarthy (R-Calif.) released text of the bill to raise the debt limit Sunday evening as Democratic and Republican leaders work to corral support ahead of this week’s vote. The bill ...

House speaker delivers remarks on debt limit deal House Speaker Kevin McCarthy holds a news conference on the tentative debt limit with the White House.

The White House and Republicans have agreed in principle on a deal to raise the debt ceiling, House Speaker Kevin McCarthy said Saturday.

President Biden and Speaker McCarthy continue to spar over the next steps in negotiations on the debt ceiling. The country faces a historic default if no deal is reached before the summer deadline.

The Senate’s bipartisan appropriations bills protect key priorities, while the House Republican appropriators’ proposal would set the United States on a path toward shutdown.

Kevin McCarthy said student loan payments will resume 60 days after the deal ceiling deal is signed by President Biden after three years of deferment during the COVID-19 pandemic.

The full legislative text of Speaker Kevin McCarthy’s agreement in principle with President Biden to suspend the nation’s borrowing limit revealed new and important details about the deal ...

With the government on track to reach its borrowing limit within days, negotiators sealed an agreement to raise the debt ceiling for two years while cutting and capping certain federal programs.

President Joe Biden on Sunday announced a debt ceiling deal he said would avoid a "catastrophic default" by the federal government while keeping the economy fluid.

A House vote Wednesday capped a 36-day scramble at the White House and on Capitol Hill to avert economic catastrophe ahead of the default deadline on Monday.

Editor’s note: President Biden has said he refuses to meet with Speaker Kevin McCarthy (R-Calif.) for debt limit negotiations until Republicans release a 10-year budget proposal. A previous ...