The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

President-elect Donald Trump is ready to do away with it, not that he was at any risk of having it used against him.

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.

President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...

Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from ...

President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to federal spending that will significantly complicate Trump’s ability to ...