The cap on how much the government can borrow has become a political football, but the consequences are very real.

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Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...

But the incoming president and vice president also added a new, significant wrinkle to negotiations when they urged Congress to raise or abolish the debt ceiling now, instead of next year.

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a ...

President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he demanded a premature increase to the debt ceiling on “Biden’s watch ...

Donald Trump hoped to avoid a debt ceiling fight in 2025, but it was not to be. Last month, Democrats and about three dozen of the most conservative Republicans made common cause to reject a plan ...

Speaker Mike Johnson (R-La.) on Tuesday said he is “not wed” to including a debt limit increase in the reconciliation package full of President-elect Trump’s priorities, a sign that the top ...