A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. The Senate late last night officially ...

WASHINGTON (AP) — The Senate dodged a U.S. debt disaster Thursday night, voting to extend the government’s borrowing authority into December and temporarily avert an unprecedented federal default that ...

North Carolina’s senators remained divided Thursday on extending the country’s debt ceiling as the U.S. Senate passed a bill to extend it through Jan. 1, 2025. Sen. Thom Tillis, a Republican from ...

There is a new offer on the table in Congress tonight — a potential pathway out of the impasse between Democrats and Republicans over raising the federal debt limit. The consequences of a default ...

Senate Minority Leader Mitch McConnell (R-Ky.) is demanding “significant” near-term cuts in Medicare and Medicaid in exchange for agreeing to raise the federal debt limit by early August, according to ...

Senate Majority Leader Chuck Schumer (D-N.Y.) told colleagues Thursday he will keep the Senate in session for as long as it takes to pass legislation to raise the debt ceiling and send it to President ...

A bipartisan group of senators is working on a proposal to end the government shutdown and ease the debt ceiling standoff. Sources caution that the situation remains highly fluid and that multiple ...

I, like many of you, probably spent more time than I really wanted watching political “leaders” in Washington free-fall to a decision on our nation’s debt. As I listened to the partisan excuses, ...

The House will vote Wednesday on a temporary extension of the deadline to raise the nation's debt limit, House Majority Leader Eric Cantor confirmed Monday. The House Rules Committee will take up ...