WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

WASHINGTON, D.C. — President Joe Biden is urging Republicans not to use the filibuster to block Democrats in the Senate from raising the U.S. debt ceiling. “If you don’t want to help save the country, ...

The 'One Big Beautiful Bill Act' by the Republican Party, driven by former President Donald Trump, is sparking intense debate in Washington.

A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...

Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...

House Republicans have abandoned plans to extend the U.S. debt limit in exchange for the repeal of the Patient Protection and Affordable Care Act’s risk corridors for health insurers, according to a ...

The sharpest single-day fall in the dollar occurred on January 20, 2025, the day of Trump’s inauguration as the 47th US ...

Treasury Secretary Scott Bessent has overseen $1.8 trillion in new debt issuance since the One Big Beautiful Bill Act lifted the debt ceiling. Bessent prioritized short-term Treasury Bills, with 60% ...