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bill, Republicans extended the debt limit by $5 trillion, leaving some wondering if the policy of setting any limit is outdated.

President Biden and House Speaker Kevin McCarthy agreed to a deal to raise the debt ceiling. The Post recorded how Republicans and Democrats voted.

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

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.

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 ...

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

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

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

The tech billionaire warned that members of Congress who campaigned on reducing government spending but vote for Trump’s bill ...

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