Russell Vought has signaled he hopes to slash spending — and push the limits of presidential power to achieve Trump’s agenda.

Top House Democrats are pouring cold water on a Republican proposal to trade a debt limit increase for California wildfire ...

Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling ...

The U.S. Treasury has taken extraordinary measures to delay breaching the federal debt limit by suspending G Fund reinvestments, extending borrowing capacity by $300 billion. Acting Treasury Secretary ...

House Minority Leader Hakeem Jeffries put Republican leaders on notice that they can’t take Democratic votes for granted.

On January 16, 2025, the Treasury Department (Treasury) and Internal Revenue Service (IRS) published new proposed regulations related to ...

The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.

Jeffries said Thursday that Johnson hasn't talked to him about a plan to raise the debt ceiling or any "possible spending deals." ...

House Minority Leader Hakeem Jeffries (D-N.Y.) on Thursday rejected the idea of combining California wildfire aid with a debt ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...