The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit ...

Donald Trump and his GOP allies in Congress have recently shared some of the first details of their ambitious agenda — ...

The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...