Lawmakers have one week to pass a debt ceiling bill in Congress before the predicted June 5 "X-date" for default ...

US lawmakers are working to secure the votes needed to pass a bipartisan deal that will temporarily suspend the nation's debt ...

The US may default on its debt by 5 June without action being taken. President Joe Biden called the agreement a "compromise" ...

Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.

The latest news and coverage on the US debt ceiling crisis. Follow news on Biden and McCarthy’s efforts to strike a deal and ...

Treasury Secretary Janet Yellen said in a letter to Congress that inaction on raising the borrowing limit would "cause severe ...

Congress heads into a pivotal week that will test whether President Biden and House Speaker Kevin McCarthy can win enough ...

The U.S. is rapidly approaching the deadline for Congress to pass a deal, reached over the weekend by Democratic President ...

President Biden and House Speaker Kevin McCarthy of California announced a budget deal just days ahead of a deadline to avoid ...

President Joe Biden and Speaker Kevin McCarthy reached a bipartisan agreement to raise the debt ceiling as deal heads to ...

As the countdown continues toward the nation heading into economic default, Washington Examiner Editor-in-Chief Hugo Gurdon ...

The deadline to make a deal on the debt ceiling has been extended to June 5 as House Republicans and the Biden administration ...