The slowly unfolding fight over the debt limit and federal spending will inch forward on Wednesday as President Joe Biden and House Speaker Kevin...

In a letter to President Joe Biden, nearly half of the Republicans in the Senate declared they any effort to increase the debt ceiling must include...

Treasury Secretary Janet Yellen has warned that a default on U.S. debt obligations could spark a “global financial crisis,” but some experts aren’t so...

House Republicans are reportedly considering one or more short-term suspensions of the debt limit — not just to defuse the threat of a potentially...

As analysts and pundits try to game out how the fight over raising the debt limit might end, one scenario has President Joe Biden, Senate Democrats...

Will they or won’t they? The White House insists that raising the debt limit is the responsibility of Congress and that it won’t negotiate with...

Sen. Elizabeth Warren (D-MA) is calling on Democrats to resist the Republican demand for negotiations over raising the $31.4 trillion debt ceiling...

If the Republican-led showdown over the debt ceiling goes off the rails and results in a default on the nation’s obligations, the U.S. economy could...

Now that the U.S. has bumped against the federal debt limit, the Treasury Department is taking “extraordinary measures” to keep paying its bills –...

The United States officially hit its congressionally authorized borrowing limit of $31.381 trillion on Thursday, forcing the Treasury Department to...