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

WASHINGTON -- The honeymoon appears to be over between President Donald Trump and billionaire Elon Musk. On Thursday, Musk ...

President Donald Trump amplified his calls to abolish the U.S. debt limit Wednesday, saying it should be “entirely scrapped ...

Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.

Elon Musk’s spat with President Trump over the Big Beautiful Bill continues to rage, with the Tesla CEO on Thursday using a ...

The Congressional Budget Office estimates that Trump's spending package addressing tax policy, immigration and other issues ...

President Donald Trump on Wednesday called for abolishing the debt limit in the interests of maintaining financial stability ...

"There's a lot of motivation to move quickly, because they don't want to rely on a long stop gap beyond September 30th," said ...

President Donald Trump and Massachusetts Senator Elizabeth Warren found some rare common ground over the debt limit.

Sen. Rand Paul from Kentucky said on Sunday that he and three other Republicans are set to vote against President Donald ...

Sen. Elizabeth Warren (D-Mass.) expressed rare agreement with President Donald Trump on eliminating the federal debt ceiling ...

Rep. Dan Newhouse critiques Trump's debt limit stance, emphasizing fiscal responsibility while acknowledging some shared ...