A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are already making Donald Trump unhappy.

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

Congress is under no obligation to follow that proposal ... Even if you take away pandemic-related debt, he approved $4.8 ...

President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...

Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 ...

While many Democrats and budget experts see the debt ceiling as a problem, some fiscal conservatives think it has helped ...

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

The federal debt is growing rapidly due to Congress’ incentives to spend, but the president’s impoundment power could provide ...

U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his ...

"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...

CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...