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

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...

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

Here’s what else you need to know to Get Up to Speed and On with Your Day. At least 14 people were killed in New Orleans ...

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to increase it.

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

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

You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight ...

“The federal government will begin 2025 with significantly more cash on hand compared to the start of the most recent debt limit debate in 2023,” said Shai Akabas, executive director of the ...

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...

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