This critical action allows the government to continue borrowing to meet its legally binding financial obligations.
The U.S. debt ceiling is a cap the government puts on the amount it can borrow to pay off existing debts. Learn how the debt ...
On Wednesday's "Rob Schmitt Tonight," Senator Rand Paul joined to talk about President-elect Donald Trump's agenda, explained why he wouldn't vote to raise the debt ceiling, and more on NEWSMAX: "The ...
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
The speaker wants to raise the debt ceiling as part of one large budget reconciliation package. House Speaker Mike Johnson (R-La.) during a press conference Tuesday. Angelina Katsanis/POLITICO ...
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks ...