Every so often, US Congress must vote to raise or suspend the ceiling, so it can borrow more to pay its bills. Currently it is $31.4tn (£25tn). This includes paying for federal employees ...

Congresswoman Jasmine Crockett on the election, what it would mean to have a woman president, guidance for women interested ...

Members of Congress attend President Biden's State of the Union address at the U.S. Capitol on March 7. With the 118th Congress on track to be the least productive in modern history, lawmakers next ...

First, what is the debt ceiling? When the United States Congress enacts plans for federal ... And even if they did occur, the Federal Reserve has room to cut interest rates in order to offset ...

Is there enough time for a US debt ceiling deal ... raised opposing concerns. With Congress already broken up for Memorial Day, there is little wiggle room for objections. The Senate would ...

WASHINGTON— Environmental justice and environmental groups urged Senate Majority Leader Chuck Schumer, House Minority Leader Hakeem Jeffries and members of Congress today to vote on a clean debt ...

That's an average of more than one piece of debt-ceiling legislation per year over the past six decades. Congress has never lowered the debt limit. Because congressional debates about the debt ...

it simply limits the Treasury’s ability to pay for the bills Congress has already incurred. Lawmakers cannot seriously suggest they might not allow the United States government to pay the debts ...

Democratic and Republican nominees for President Democratic and Republican nominees for U.S. Senate Democratic and Republican nominees for U.S. Congress ... national debt ceiling and in recent ...

Republicans say what they like about Trump and their party. They say if Trump loses the election they will move forward and ...

US stocks were mixed on Tuesday after a debt ceiling deal was reached in Congress before the upcoming deadline. The deal still needs to be voted on in the House and Senate chambers of Congress.

Chinese stocks rose as the top legislative body reviewed a proposal to refinance the hidden debt of local governments, and ...