As the government shutdown continues, the nation gets closer and closer to the day—probably Oct. 17—when Washington hits the debt limit, and with it the specter of default. President Obama may be ...

We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...

It’s common knowledge that the federal debt has been increasing exponentially. Given Capitol Hill’s long track record of just-in-time increases in the statutory debt limit, one wonders just how much ...

Trump wants to scrap the debt ceiling. Rep. Brendan Boyle sees a rare chance for bipartisan reform.

The One Big Beautiful Bill Act raises the debt ceiling by $5 trillion, averting a 2025 debt crisis and enabling continued government funding. Treasury will prioritize short-term Treasury Bill issuance ...

Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this borrowing cap, most other nations take ...

Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...

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Add Yahoo as a preferred source to see more of our stories on Google. Rep. Brendan Boyle, the ranking Democrat on the House Budget Committee, listens as Republican Chairman Jodey Arrington speaks ...

Rep. Brendan Boyle, the ranking Democrat on the House Budget Committee, listens as Republican Chairman Jodey Arrington speaks during a markup hearing in the Cannon House Office Building on July 16, ...