WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...

US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.

The Trump administration's proposed changes to the federal student loan system could significantly alter repayment options ...

Despite the achievement, the GOP still faces a rocky road to getting Trump’s marquee agenda across the finish line.

The 216-214 vote pushed the budget plan forward, one more milestone for Johnson, who could only lose a few detractors from ...

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

A Republican drive to quickly pass President Donald Trump’s tax cut proposals and increase the US debt ceiling has been at ...

It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...

The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for ...

A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...

Treasury Secretary Scott Bessent indicated that the federal government is at risk of running out of room to make good on all of its payment obligations on time as soon as May or June.

The White House is eyeing this summer's debt ceiling's "X-date" as a forcing mechanism to push the "one big, beautiful bill" ...