Trump wants to scrap the debt ceiling. Rep. Brendan Boyle sees a rare chance for bipartisan reform.

Speaker John Boehner has escalated the battle over raising the national debt ceiling, saying Monday that he might not hold a vote on the increase. “If the president doesn’t get serious about the need ...

Sen. Rand Paul (R-Ky.) questioned whether lawmakers who have voted to raise the debt ceiling, expand government or oppose spending cuts can credibly criticize Washington's $40 trillion national debt.

The U.S. could breach the debt ceiling at some point in 2027. Fixing it could be hard. If Democrats capture one or both chambers of Congress in November's midterm election, it would open the door to a ...

This is an archived article and the information in the article may be outdated.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. WASHINGTON (AP) — Members of the House are ...

House Speaker Kevin McCarthy wants to raise the nation's borrowing limit by $1.5 trillion, and he pairs it with $4.5 trillion in spending cuts. House Speaker Kevin McCarthy may not have the votes ...

​A grim new milestone for U.S. debt and surging interest rates haven’t sparked much urgency for a new round of deficit cutting on Capitol Hill. Yet. But with federal debt topping $40 trillion for the ...

President Trump’s plan to raise the debt limit through the end of his presidency before Republicans likely lose control of Congress is on shaky ground because of rising concerns over the national debt ...

Members of the House are scrambling to Washington to pass a short-term lift of the nation's debt limit. The vote Tuesday will ensure the federal government can continue fully paying its bills into ...