Jeffries insists on a clear hike in the debt ceiling and won’t commit to a short-term agreement.
The White House is weighing trying to broker a short-term extension of…
McCarthy is a “honest man,” according to Biden, ahead of the debt ceiling discussion.
President Biden on Friday said he believes Speaker Kevin McCarthy (R-Calif.) is an “honest man”…
Sen. Ted Cruz says Biden is “too mentally depleted” to discuss the debt ceiling.
Sen. Ted Cruz (R-Texas) said Wednesday that President Biden has doomed negotiations with…
‘Severe damage’ to the economy if debt ceiling default occurs, according to the White House
The Council of Economic Advisers says a “protracted” default would cost 8…
McConnell avoids the debt ceiling debate cautiously as worries of a catastrophic default rise.
The Senate Republican leader has a knack for finding a way out…
Democrats propose forcing a vote on raising the debt ceiling.
House Democrats are setting in motion a plan that’s been kept under wraps for…
GOP and Democrats engage in a game of chicken on the debt ceiling.
The high-stakes game of chicken over the debt ceiling between President Biden and Republicans…
US Democrats refuse to compromise on a ‘clean’ debt ceiling increase that does not include expenditure cutbacks, according to Schumer.
Democrats' position "remains the same" on the need to pass a "clean"…
The debt ceiling crisis has become more volatile as a result of claims that veterans’ programmes will be slashed.
An already volatile and dangerous political standoff over raising the nation's debt ceiling has…
Three options for lifting the debt ceiling — and why each one is dubious
All potential avenues to break the logjam before the U.S. breaches the…