President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June. Read more here.

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

WASHINGTON, D.C. — When Republicans won unified control of government during the November elections, they also won the responsibility to address the country’s debt limit after the current suspension ...

WASHINGTON - Congressional leaders reached an elaborate deal Tuesday that will allow Democrats to lift the nation’s debt limit without any votes from Republicans, likely averting another last-minute ...