The US government shutdown emerges, risking a debt downgrade, recession, and asset price bubble bursts. Click here to read ...

The debt train has left the station As Congress reconvenes, the debt ceiling will again make news. Then Trump will get rid of the debt ceiling. This won’t change anything, really. Except when the debt ...

WASHINGTON, D.C. -- The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government open and escalating pressure ...

Neither Republicans nor Democrats want to be blamed for the disruption a shutdown would create – but it would give the US president even more power over spending decisions.

Lawmakers have until Oct. 1 to pass a new budget. If they don't, the federal government will shut down. Here's what that ...

Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...