As part of Trump’s tax-and-spend bill, Republicans extended the debt limit by $5 trillion, leaving some wondering if the policy of setting any limit is outdated.

What to know about the U.S. debt ceiling. The latest: Today, the House is expected to vote on a debt ceiling deal as lawmakers rush to avert a disastrous government default on June 5. If the debt ...

In a sweeping new fiscal package, lawmakers have unveiled a major overhaul of tax policy, federal spending, and entitlement ...

The House voted overwhelmingly, 314-117, to suspend the debt ceiling and cut spending. Strong majorities from both parties voted for the deal. Hotspots ranked Start the day smarter ☀️ Funniest ...

The House’s passage of a debt limit deal Wednesday night marks the end of a pivotal chapter for the new House GOP majority, putting Congress on a path to avoid a default and securing a huge ...

The OBBB Act raises the debt ceiling and impacts Treasury strategies with $2 trillion in new T-Bills forecasted. Click here ...

President Donald Trump's ambitious legislative package, the 'One Big Beautiful Bill Act,' proposes a controversial $5 ...

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 those it borrowed from and dole out money for everything from Medicare ...

Fiscal hawks in the House helped hold up passage of Trump's 'big, beautiful bill' on Wednesday — but their resolve wasn't ...

Musk’s latest tirade came as the voting is underway in the Senate on dozens of amendments to the massive Trump-backed tax ...

Trump's spending bill passes the final House vote, includes tax cuts and spending hikes, with projections of rising national ...

The Senate version of the "One Big Beautiful Bill" is projected to add more to national deficits, which won't sit well with ...