The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...

Donald Trump wants Congress to abolish the debt limit before he takes office and it is pushing the government to the brink of ...

President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he ...

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off until 2027 or 2029 (or even forever). But it was not to be.

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling. Here's what it is and what that ...

President-elect Trump said Thursday he would support abolishing the debt ceiling as he pushed the issue to the center of ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...

A debate over the debt ceiling is at the center of a disputethat is pushing Washington to the brink of a federal government ...

Trump’s late intervention to sink a bipartisan debt ceiling increase leaves lawmakers scrambling to reach an agreement.

The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...

Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected ...