Republicans and Democrats are again preparing to play a game of chicken over the U.S. debt ceiling – with the nation’s financial stability at stake. The Treasury Department on Jan. 13, 2023, said it ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

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 ...

Last year, a stalemate between President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

The U.S. government could default on its debt within a matter of weeks, jeopardizing payments to millions of Americans and businesses. Treasury Secretary Janet Yellen warned last week that the country ...

WASHINGTON – As Congress this week scrambled to keep the government open past a Friday night deadline and avoid a shutdown, it ran into an unexpected obstacle — the federal debt ceiling. The cap on ...

The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually is ...

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...

A government default could directly affect your wallet. 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 ...