The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt ...

Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.

"There's a lot of motivation to move quickly, because they don't want to rely on a long stop gap beyond September 30th," said ...

The One Big Beautiful Bill Act, passed by the House and now in the hands of the Senate, could add $2 trillion to the deficit, ...

Craig Shapiro argues that the U.S. debt ceiling fails to curb excessive government spending and creates political theater every few years.

President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren ...

The bill is the centerpiece of President Donald Trump's domestic agenda, but is facing GOP criticism over its fiscal impact.

The U.S. national debt is a mix of government bonds that trade daily and non-marketable securities that sit exclusively on ...

Sen. Elizabeth Warren (D-Mass.) expressed rare agreement with President Donald Trump on eliminating the federal debt ceiling ...