The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...

"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...

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

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

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.

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

The majority party has repeatedly lost control of the House in the first midterm election after gaining across-the-board ...

The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

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

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

Now Republicans again will be in control as the 119th Congress convenes today. U.S. Rep. Glenn Thompson, R-Centre, ticked off ...