The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain deadline for when the U.S. can no longer pay its bills.
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...
Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
"Okay, guys. Like, literally. I'm just like, without words! Inflation is going up. You want to raise the debt ceiling by $4 trillion?" The post ‘Without Words!’ House Dem Fumes Over GOP Wanting To ...