President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling.

A university-commissioned report finds the ceiling collapsed due to “structurally deficient fasteners” that were also used in ...

U.S. President-elect Donald Trump said the extension of the debt ceiling will "go down as one of the dumbest political ...

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...

Under the 2023 budget deal, Congress suspended the debt ceiling until January 1, 2025. The US Treasury will be able to pay ...

The last time it was raised was in 2021. The debt ceiling was suspended last June. Where raising the debt limit sets a specific cap, a suspension declines to set a dollar amount. Days before a ...

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The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the ...