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 ...

Republicans are grappling with the possibility they will soon have to work with the Democrats as a deadline to raise the debt ceiling threatens to fray party unity. Washington has until the late ...

Sen. Elizabeth Warren, D-Mass., said on Friday she agrees with President Donald Trump's call to eliminate the debt limit, urging bipartisan action to scrap it permanently. In a post on X, Warren wrote ...

Welcome to this week’s Founder Focus! I’m Melissa Angell, Inc.‘s policy correspondent, and each week I’ll be dissecting some of the top policy issues small businesses face. You can sign up to get this ...

President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren (Mass.) ...

The Congressional Budget Office projected Wednesday that the United States will breach the debt ceiling in August or September unless Congress acts. The CBO released the timeline for the “X date,” or ...

WASHINGTON — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills — as early as August without a deal between ...

WASHINGTON — The US could default on its $36 trillion debt as early as July and no later than October without congressional action, according to a study released Monday. The Bipartisan Policy Center ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a letter ...

Sen. Elizabeth Warren, D-Mass., said on Friday she agrees with President Donald Trump’s call to eliminate the debt limit, urging bipartisan action to scrap it permanently. In a post on X, Warren wrote ...