Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing ...

The debt limit fight arose in mid-December after President-elect Donald Trump demanded at the eleventh hour that Republicans ...

Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump ...

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

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

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

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

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 ...