WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
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 ...
WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
US risks defaulting its debts, which could set off 'cataclysmic' situation for economy, analysts say
WASHINGTON -- The fight over raising the nation's borrowing limit underscores a reality for Democrats as they are in the midst of their highest-stakes moment for President Joe Biden's sweeping ...
Treasury Secretary Janet Yellen on Tuesday told House Speaker Nancy Pelosi that Congress has just under three weeks to address the looming debt ceiling and avoid near-certain economic calamity. "We ...
WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen warned lawmakers Tuesday that Congress must address the looming debt ceiling before mid-October or risk defaulting on the nation's debt. In a ...
In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...
We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called for an end to the debt ceiling multiple times, and we’re asking our ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
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