Concessions made by Speaker Kevin McCarthy heighten economic risk, experts said. House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, ...

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda. The proposal, which was included in ...

The House on Wednesday passed a Republican plan to suspend the U.S. borrowing limit until mid-May, postponing a fiscal standoff that could have torpedoed the U.S. economy and further damaged the GOP‘s ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...

WASHINGTON — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan ...

House Republicans said Thursday they will propose a plan to lift the federal debt limit for six weeks in exchange for a commitment from President Obama to negotiate a broader fiscal reform package.