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 ...

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

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

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

"Just last week, the national debt eclipsed $30 trillion," he said on that night in 2022. "As our national debt balloons, ...

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 ...

While many Democrats and budget experts see the debt ceiling as a problem, some fiscal conservatives think it has helped ...

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

President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...

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