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, ...

Add Yahoo as a preferred source to see more of our stories on Google. Congressional leadership is nearing a deal that will raise the U.S. debt ceiling and stop the government from defaulting, the ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP lawmakers ...

America’s debt ceiling was reached — again — on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like ...

President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted. By Alan Rappeport Washington is heading for another big fight over ...

America's debt ceiling was reached - again - on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like ...