The House on Wednesday passed a Republican plan to suspend the U.S. borrowing limit until mid-May, postponing a fiscal standoff that could have torpedoed the U.S. economy and further damaged the GOP‘s ...

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, ...

Rep. Dan Newhouse (R-Wash.) doesn’t think scrapping the debt limit, as President Donald Trump suggested, is the wisest decision. He does, however, sympathize with the reason Trump and some others are ...

Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...

For someone who hates debt, Rep. Tim Burchett made a remarkable acknowledgment after voting this month for a massive bill that included a $5 trillion hike to the nation’s credit card limit. “I feel ...

Rep. Tim Burchett (R-Tennessee), a hard-right conservative, acknowledges the hypocrisy of Republicans who had argued that the government shouldn't be raising the national debt. (Kevin Dietsch/Getty ...