The Greater Good: That’s the lesson now that the debt-limit deal has been approved by the U.S. House and Senate, economists say. Yes, some senators are angry about defense spending, work requirements ...

This week marks the biggest test yet for the speakership of House Speaker Kevin McCarthy, R-Calif. McCarthy needs to show that he can keep his members together to approve the Republican version of a ...

A bipartisan group of lawmakers drafted a debt ceiling proposal that would help the country avoid defaulting on its loans and would act as a backup plan if House Republicans and President Joe Biden ...

Speaker Kevin McCarthy (R-CA) on Wednesday unveiled his party’s highly-anticipated debt ceiling proposal, saying he's willing to lift the limit by $1.5 trillion or until March 31, 2024 — whichever ...

The speaker wants to raise the debt ceiling as part of one large budget reconciliation package. Trying to raise the debt limit in a massive reconciliation bill could completely derail an already messy ...