President-elect Donald Trump has called on Congress to extend the U.S. debt ceiling, emphasizing that avoiding a federal default is his top priority. The debt ceiling, which expired at the end of 2023 ...

WASHINGTON — Democrats could have lifted the debt ceiling while they still controlled both the House and Senate, House Speaker Kevin McCarthy (R-Calif.) said Wednesday, but they declined to do it for ...

Senators voted to approve a short-term increase to the federal debt ceiling on Thursday night, ending a weekslong standoff on Capitol Hill and likely averting a default that could have triggered a ...

A screen shows the national debt clock after the US hit its debt limit and the Treasury started using extraordinary measures to avoid default (Photo by Fatih Aktas/Anadolu Agency via Getty Images) The ...

Speaker Kevin McCarthy (R-Calif.) pulled out all the stops last week to move a debt ceiling bill through the House, twisting arms, modifying language and cutting last-minute deals with leery ...