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

Add Yahoo as a preferred source to see more of our stories on Google. President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and ...

The clock is ticking for lawmakers to raise the nation’s debt limit to avert a default that could have catastrophic economic consequences as Republicans mull whether to include a provision to increase ...

The OBBB cut taxes for many Americans but also added to the national debt, which could be a problem for Americans in the long ...

Treasury Secretary Scott Bessent testifies before the House Committee on Appropriations, Subcommittee on Financial Services and General Government, oversight hearing of the U.S. Department of the ...

It’s too soon to say we’ll avoid hitting the debt ceiling, but it’s not too soon to say how we’ll avoid hitting it if we do. Miscalculations by the Democrats and ideological changes among the ...