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

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

"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

With newfound control of both chambers of Congress, Republican leaders are touting a list of priorities that they aim to quickly address, like immigration and taxes.

The majority party has repeatedly lost control of the House in the first midterm election after gaining across-the-board ...

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

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

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

Now Republicans again will be in control as the 119th Congress convenes today. U.S. Rep. Glenn Thompson, R-Centre, ticked off ...

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...