President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

The One Big Beautiful Bill recently got signed into law, reducing taxes for many Americans. But what will the hefty cuts mean for the U.S. national debt? Here’s how economic experts say the costs of ...

What is the national debt? It is the accumulated borrowing of the federal government over many years. What is the budget deficit? It is the yearly difference between federal expenditures and the ...

Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this borrowing cap, most other nations take ...

Rachel Maddow took on the Republicans’ decision to temporarily raise debt ceiling, delaying the coming fight for another few months, by looking deeper into spending under President Obama. Maddow ...

Welcome to this week’s Founder Focus! I’m Melissa Angell, Inc.‘s policy correspondent, and each week I’ll be dissecting some of the top policy issues small businesses face. You can sign up to get this ...

I’m so confused about all this hysterical talk about a debt ceiling. I thought we dealt with this in December, or maybe April. No, those were the and the federal budget for this year. This is a ...

Weary veterans of Washington’s budget battles hoped they were finished. But mere hours after House budget chairman Paul Ryan signed a deal to avert another government shutdown, he raised the ...