WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...
House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the ...
House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top ...
Democratic Rep. Scott Peters and Republican Rep. Bill Huizenga of Michigan reintroduced a bipartisan bill last week to reform ...
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
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.
House Republicans proposed raising the federal government's debt limit by $4T, according to a draft posted on the House of ...
Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
In January 2023, U.S. Treasury Secretary Janet Yellen announced that the government had hit its debt ceiling, the maximum amount of money that the federal government can legally borrow.