A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

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

You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federal debt limit. That’s ...

The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit ...

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

The debt ceiling is the limit placed by Congress on the amount of ... A default would occur if the U.S. failed to pay ...

Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...

Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts ...

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

President-elect Donald Trump has demanded that a provision raising or suspending the nation’s debt limit — something that his ...

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

Large swaths of the U.S. government could temporarily close at midnight on Friday if Congress does not approve a stopgap ...