WASHINGTON — Pushing to strike a debt ceiling deal, the Republican negotiating team headed Wednesday to the White House for more discussions with the sides still far apart. Time is short: There are ...
Democrats oppose those requirements. Biden had insisted on approving the debt ceiling with no strings attached, saying the U.S. always pays its bills and defaulting on debt is non-negotiable. But he ...
The White House and Republicans in Congress are at an impasse over the debt limit. Failure to raise the limit would result in a federal debt default. Wall Street has warned that a default could result ...
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 ...
President Donald Trump's hallmark legislation includes a staggering $5 trillion hike to the debt ceiling — a move that gives Republicans added leverage in bipartisan negotiations. With control of both ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
WASHINGTON — House Speaker Kevin McCarthy said Thursday that "every hour matters" as his team scrambles to finalize a budget deal with the White House that would enable the government to avoid a ...