Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...

The debt limit fight arose in mid-December after President-elect Donald Trump demanded at the eleventh hour that Republicans ...

Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump ...

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

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to ...

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out ...

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

Key Takeaways The U.S. government's borrowing limit was reimposed this week, putting the nation days away from going over the ...