But that was far from the only occasion. It has acted to increase, revise the definition of and extend the debt ceiling 78 times since 1960. Along with increasing the debt ceiling, Congress can ...

Here is a list of our partners and here's how we make money. Updated on Jan. 21. The debt ceiling, or debt limit, is the total amount the U.S. government can borrow in order to meet its existing ...

House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...

David Dee Delgado / Getty Images The U.S. government hit its congressionally-set debt limit on Tuesday, setting up a potential showdown over lifting or extending the debt ceiling. The Treasury ...

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 ...

Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...

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 ...

She sent a letter in late December to lawmakers stating that Treasury expected to hit the statutory debt ceiling between January 14 and January 23. And now, the agency will stop paying into certain ...

It’s a new year, and there’s a new Congress starting Friday. And it will immediately face a familiar problem: The debt ceiling — the limit on how much money, in total, the United States can ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP ...

Trump criticized the debt ceiling as a psychological concept with ... income doesn’t determine wealth’: Dave Ramsey shares his definition of being ‘broke’ in America — and it’s a ...