In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected proposal.

It’s well-established by now that Donald Trump is not a deficit hawk. Even that term itself seems hopelessly old-fashioned in the moment. The era of legislators — almost all of them Republicans — ...

Among the measures being debated by Congress to avert a government shutdown is increasing the debt ceiling — or eliminating it entirely. Subscribe to read this story ad-free Get unlimited access to ad ...

Donald Trump's first day in office featured a flurry of executive moves he was able to dramatically sign with a stroke of the pen. High atop his agenda for the second day is a topic that won't be ...

You can’t undo what’s been done. Maybe Chuck Schumer should have forced a government shutdown by filibuster. But that chapter is in the past. Looking down the road, the next big conflict on the ...

Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January 2, ...