Speaker Kevin McCarthy (R-Calif.) pulled out all the stops last week to move a debt ceiling bill through the House, twisting arms, modifying language and cutting last-minute deals with leery ...

What Congress tackles or fails to accomplish often boils down to "the math." But a potential crisis over the debt ceiling later this year could really be about the math, even more than other things ...

House lawmakers approved a $480 billion hike to the debt ceiling on Tuesday, averting a potentially catastrophic U.S. default for at least another two months and teeing up another showdown over a long ...

House Minority Leader Hakeem Jeffries, D-N.Y., on Sunday wouldn't commit to supporting a short-term extension of the debt ceiling and insisted on a "clean" debt ceiling lift, in an exclusive interview ...

With a default on federal debt as little as 12 days away, Senator Mitch McConnell offered to let Democrats temporarily lift the borrowing limit. By Jonathan Weisman and Emily Cochrane WASHINGTON — ...

The debt ceiling issue has entangled Congress in yet more partisan gamesmanship. The two sides agreed to an emergency extension into December, averting the immediate crisis, but Senate Minority Leader ...

LONDON, April 20 (Reuters) - Market jitters over the U.S. debt ceiling lifted the cost of insuring exposure to its debt to the highest level in over a decade on Thursday, while JPMorgan warned of a ...

Mitch McConnell on Wednesday offered Democrats a two-month reprieve on the debt ceiling. Even if they took his offer, McConnell insisted they would have to raise it via reconciliation. It would ...