A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...

North Carolina’s senators remained divided Thursday on extending the country’s debt ceiling as the U.S. Senate passed a bill to extend it through Jan. 1, 2025. Sen. Thom Tillis, a Republican from ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. The Senate late last night officially ...

WASHINGTON (AP) — The Senate dodged a U.S. debt disaster Thursday night, voting to extend the government’s borrowing authority into December and temporarily avert an unprecedented federal default that ...

The 'One Big Beautiful Bill Act' by the Republican Party, driven by former President Donald Trump, is sparking intense debate in Washington.

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Senate Democrats are vocally unenthused with ...

Senate Minority Leader Mitch McConnell (R-Ky.) is demanding “significant” near-term cuts in Medicare and Medicaid in exchange for agreeing to raise the federal debt limit by early August, according to ...

There is a new offer on the table in Congress tonight — a potential pathway out of the impasse between Democrats and Republicans over raising the federal debt limit. The consequences of a default ...