Top Republican lawmakers emerged from a meeting at the Treasury Department on Tuesday saying the House and Senate are moving ...

Senate Republicans are backing a budget package that would raise the debt ceiling by $5 trillion, the largest increase in U.S. history, raising questions about its economic impact. The proposal is ...

WASHINGTON — The US could default on its $36 trillion debt as early as July and no later than October without congressional ...

WASHINGTON — The Senate passed a bill Thursday that will enable Congress to lift the debt ceiling and avert what would be the first-ever default in U.S. history. The legislation, which already cleared ...

Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit and trust of the United States on the line. The Congressional Budget Office ...