A deal allowing the US to borrow more money has moved closer to becoming law, days before the world's biggest economy is due to start defaulting on its debt. The measure easily passed the House of ...

House Republicans have narrowly passed a bill to raise the nation's debt ceiling. But even party leaders acknowledge the bill is nowhere close to becoming law. The House bill increases the debt ...

Incoming Argentinian President Javier Milei Intends to Convert to Judaism CAIR, Muslim Groups Call to Reinstate Hate-Crime Commissioner Who Compared Israel to Nazi Germany U.N. Women Retracts ...

The debt ceiling is a limit that Congress imposes on how much debt the federal government can carry at any given time. When ...

The House Freedom Caucus is no longer demanding as deep of spending cuts to domestic programs and said it would accept the $1 ...

Ultra-conservatives in the US House on Wednesday softened their demands for deep spending cuts to domestic programs, ...

Congress is back. The government is funded (for a while). Now, we need to refer you back to the bipartisan debt deal.

Budget scorekeepers flip the previous debt limit plan. Spending cuts now would disproportionately hit nondefense programs.

Dear Liz: Finance companies claim if you owe too much credit card debt that by law you need not pay it all back, but can ...