A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...

Earlier today, the U.S. Senate voted in favor of a budget agreement that would allow the nation to raise its debt ceiling while making trillions of dollars in cuts to government spending programs.

CNN — Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell have reached an agreement to create a one-time process that would let Democrats raise the debt ceiling on their ...

After six months of negotiations and warnings of impending economic doom, the White House and Congress have a deal to raise the debt ceiling. President Obama gets one thing he wanted--the debt limit ...

President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage ...

The House Freedom Caucus held a presser on Friday outlining their position on the debt limit, and when asked whether Republican House Speaker Rep. Kevin McCarthy (R-CA) may cut a deal with Democrats ...

CNN is reporting that President Obama and congressional leaders reached agreement on a measure that would extend the federal debt ceiling, cut spending and guarantee more reduction efforts. Suggested ...

Biden would make a proposal, and McConnell would pad the narrow, red-carpeted hallway behind the rotunda that links his office to Boehner's, staffers said. The speaker made the return trip several ...