We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called ...

Just two weeks after he was sworn into office, former President Ronald Reagan went on national television to address the American people about what he perceived to be a dire problem. It was the ...

President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a ...

President Biden has signed a debt ceiling increase, raising the government's borrowing limit and averting a potential default on the national debt. The White House announced the bill signing in an ...

You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federal debt limit. That’s ...

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

The agreement is a two-year budget deal that would essentially hold spending flat for 2024, while boosting it for defense and veterans, and capping increases at 1% for 2025. House Speaker Kevin ...

Because of the potentially catastrophic consequences of defaulting on the national debt, some government workers and legal experts have offered this solution: Just don’t pay attention to the debt ...

U.S. President-elect Trump attends a Turning Point USA event in Phoenix, Arizona WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then ...

WASHINGTON − Lawmakers are turning their backs on passing a short-term debt limit increase that would delay a default on the nation’s debt as President Joe Biden and House Republicans remain ...