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 Republicans and the White House unveiled the text of a two-year bipartisan budget deal on Sunday that would lift the $31.4 trillion debt limit through the 2024 election and limit federal ...

WASHINGTON (AP) — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the ...

McCarthy, R-Calif., defended his budget deal with President Biden against conservative critics, telling anchor Shannon Bream that Jeffries, D-N.Y., had complained to him that Democrats weren’t ...

Speaker Kevin McCarthy says it would take a week and a half for a debt deal to pass Congress. But both chambers have certain escape hatches in case timing slips — if lawmakers cooperate.

Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default.

Budget Biden, McCarthy reach debt ceiling deal to avoid default: Here’s what’s in it House Rules Committee to meet Tuesday afternoon to prep debt ceiling bill for floor debate Wednesday ...

Biden, McCarthy reach debt ceiling deal to avoid default by Mike Lillis - 05/27/23 8:59 PM ET. ... With the text expected on Sunday, that sets the stage for a Wednesday floor vote.

After months of bickering and stagnant negotiations between President Joe Biden and Speaker of the House Kevin McCarthy to raise the $31.4 trillion debt ceiling, a tentative deal was announced on ...

President Biden and House Speaker Kevin McCarthy spoke by phone Saturday evening as the White House and Republican congressional negotiators continue to work toward a debt ceiling agreement. Biden ...

Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default.