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 ...

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 ...

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 ...

House Republican leaders are moving behind the scenes to get their conference behind a plan that would raise the debt ceiling for one year with a slew of cuts and revenue raisers, a move intended to ...

Speaker Kevin McCarthy’s (R-Calif.) debt-ceiling spending plan–which takes aim at some small-business benefits–passed the House this week, setting up negotiations with the Senate as the country ...