The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

The speaker of the US House said Sunday he was pushing an "aggressive" timeframe for getting a multi-trillion-dollar bill ...

Is United States of America headed for a default in 2025? Treasury Secretary Janet Yellen has said she expects the US will ...

You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight ...

Treasury Secretary Janet Yellen says her agency will need to start taking "extraordinary measures," or special accounting ...

Speaker of the House Mike Johnson, R-Benton, talks briefly to reporters just before a vote on an interim spending bill to ...

US President-elect Donald Trump said on Sunday that the 2023 debt ceiling extension agreed by then House Speaker Kevin ...

Johnson revealed he had met with House Republicans on Saturday to discuss the “America First agenda" before Trump's inauguration later this month.

Under the 2023 budget deal, Congress suspended the debt ceiling until Jan 1 ... Without the 2023 debt limit increase, the United States would have seen a historic default on its debt payments ...

President-elect Donald Trump accused former House Speaker Kevin McCarthy of "one of the dumbest political decisions made in years." ...