The U.S. debt ceiling is a cap the government puts on the amount it can borrow to pay off existing debts. Learn how the debt ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

On Wednesday's "Rob Schmitt Tonight," Senator Rand Paul joined to talk about President-elect Donald Trump's agenda, explained why he wouldn't vote to raise the debt ceiling, and more on NEWSMAX: "The ...

Government bonds remained under pressure on Thursday and the dollar held steady near its highest levels in more than a year ...

Gold gave back less than expected given a strong dollar and profit-taking, as a positive outlook and higher risk constrained ...

Newly minted Rep. Tony Wied, R-Wis., is unique among the incoming House freshman class in that he was elected in November and ...

House Freedom Caucus Chair Andy Harris (R-Md.) has taken the famously confrontational group in a slightly more agreeable ...

A faction of President-elect Donald Trump’s allies is harboring doubts about Republicans’ chances of passing a sweeping tax bill in 2025 amid party infighting and strategy disputes. Republicans ...

President-elect Donald Trump will meet with Senate Republicans Wednesday to try to get lawmakers "on the same page" on how to ...

President-elect Donald Trump and U.S. Senate Republicans spent nearly two hours in a closed-door meeting about his upcoming ...