WASHINGTON — Pushing to strike a debt ceiling deal, the Republican negotiating team headed Wednesday to the White House for more discussions with the sides still far apart. Time is short: There are ...

WASHINGTON, D.C. — President Joe Biden is urging Republicans not to use the filibuster to block Democrats in the Senate from raising the U.S. debt ceiling. “If you don’t want to help save the country, ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

Biden had insisted on approving the debt ceiling with no strings attached, saying the U.S. always pays its bills and defaulting on debt is non-negotiable. But he launched negotiations after House ...

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 ...

Since the start of President Donald Trump‘s second term, the weight of the world, or at least of global markets, international trade, and geopolitical relations, has fallen on the shoulders of ...

Scott Bessent, the U.S. Treasury Secretary, assured that the country will not default on its debt, even as the deadline for raising the federal debt ceiling approaches. The debt ceiling, a cap set by ...

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 — House Speaker Kevin McCarthy said Thursday that "every hour matters" as his team scrambles to finalize a budget deal with the White House that would enable the government to avoid a ...