The debt-ceiling "X date" for when the U.S. is expected to run short on funds unless Congress acts to raise the debt limit ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

Congressional Republicans need to act for a few reasons. First, many of the tax cuts passed in 2017 under the first Trump ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this bor ...

House Appropriations Chair Tom Cole (R-Okla.) said Sunday that he does not believe “we’ll have a debt limit suspension” a few ...

GOP Rep. Ryan Zinke of Montana responded to the draft of the GOP mega bill that includes Trump’s demand for a debt hike, ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the ...

Sen. Rand Paul (R-KY) slammed his fellow Republicans" over a plan to increase the debt ceiling by $5 trillion.

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...