The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...

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

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

"Just last week, the national debt eclipsed $30 trillion," he said on that night in 2022. "As our national debt balloons, ...

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

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

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

Congress ultimately passed a package to fund the federal government into mid-March that did not include Trump’s demand to deal with the debt ceiling. Although the debt ceiling returns on January ...

Hours before the start of a federal government shutdown, President-elect Donald Trump doubled-down on his insistence that a ...

They argue that negotiations to raise the debt ceiling have provided some of the few historical instances in which Congress has been forced to reach deals to cut the deficit. The past decade-plus ...