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 ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

Add Yahoo as a preferred source to see more of our stories on Google. The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to ...

We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...

Treasury Secretary Scott Bessent testifies before the House Committee on Appropriations, Subcommittee on Financial Services and General Government, oversight hearing of the U.S. Department of the ...

Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit and trust of the United States on the line. The Congressional Budget Office ...

Senate Republicans are backing a budget package that would raise the debt ceiling by $5 trillion, the largest increase in U.S. history, raising questions about its economic impact. The proposal is ...

WASHINGTON -- The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half. And there's no set plans for the ...

The federal government's gross national debt topped $37 trillion for the first time in history last week, and the U.S. has room to add trillions of dollars more to the debt following the enactment of ...

Kentucky GOP Sen. Rand Paul responded to criticism from President Trump over his opposition to the spending in the "One Big, Beautiful" budget reconciliation package currently waiting to be edited by ...

Senator Rand Paul supports making the 2017 Tax Cuts and Jobs Act permanent and approves of new tax cuts like eliminating taxes on tips. He expresses concern over the proposed $4 trillion increase in ...