As Congress reconvenes, the debt ceiling will again make news. Then Trump will get rid of the debt ceiling. This won’t change anything, really. Except when the debt ceiling makes news, at least ...

Some Republicans say they want to use negotiations on the limit to cut spending. Senate Budget Committee Chair Bernie Sanders said Sunday that he opposes eliminating the debt ceiling, the financial ...

Congress, instead of specifying a dollar amount, should set the debt limit at 132 percent of GDP and ratchet it down from there each fiscal year.

If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

The One Big Beautiful Bill recently got signed into law, reducing taxes for many Americans. But what will the hefty cuts mean for the U.S. national debt? Here’s how economic experts say the costs of ...

As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove devastating, especially for millions who stand to lose their jobs. Even a brief debt ...

WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

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 ...