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The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

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

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.

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.

The U.S. government has less than three weeks to raise its debt limit before it will need to take “extraordinary measures” to sustain federal operations, Treasury Secretary Janet L.

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

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

GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last ...

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

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...

President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to ...