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, ...
Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected proposal.
You can’t undo what’s been done. Maybe Chuck Schumer should have forced a government shutdown by filibuster. But that chapter is in the past. Looking down the road, the next big conflict on the ...
The clock is ticking for lawmakers to raise the nation’s debt limit to avert a default that could have catastrophic economic consequences as Republicans mull whether to include a provision to increase ...
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January 2, ...
Members of President Donald Trump’s own party could complicate his effort to avoid a standoff over extending the nation’s borrowing limit — which means a complication for Trump’s legislative plans ...