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

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are already making Donald Trump unhappy.

Congress is under no obligation to follow that proposal ... Even if you take away pandemic-related debt, he approved $4.8 ...

President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...

Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 ...

The College Cost Reduction Act aims to reduce college costs and student loan use. But the bill has some problematic parts ...

While many Democrats and budget experts see the debt ceiling as a problem, some fiscal conservatives think it has helped ...

Congress ultimately passed a package to fund the federal government into mid-March that did not include Trump’s demand to deal with the debt ceiling. Although the debt ceiling returns on January ...

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

The 119th Congress begins Friday with Republicans in full control of the House and Senate for the first time since 2019. Here's what to know.

"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...

But once those measures run out the government risks defaulting on its debt unless lawmakers and the president agree to lift ...