It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...

WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...

Despite the achievement, the GOP still faces a rocky road to getting Trump’s marquee agenda across the finish line.

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald ...

President Donald Trump thought massive new tariffs would give him leverage. So far what he’s gotten instead are a jittery ...

A Republican drive to quickly pass President Donald Trump’s tax cut proposals and increase the US debt ceiling has been at ...

US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.

Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

The Federal Reserve’s decision to dramatically decelerate the pace of its balance sheet drawdown last month garnered broad ...

It calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.

The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt limit increase. Historically, debt ceiling ...