President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...

While many Democrats and budget experts see the debt ceiling as a problem, some fiscal conservatives think it has helped ...

President-elect Donald Trump said the “smartest thing” for Congress to do would be to get rid of the debt ceiling. Trump made ...

CNN’s Michael Smerconish breaks down the averted shutdown for parts of the US government and the push to eliminate the debt ...

Republicans, keen to dodge a shutdown, decided to only introduce a one-vote spending package.

Among the measures being debated by Congress to avert a government shutdown is increasing the debt ceiling — or eliminating ...

Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected ...

Sen. Rand Paul, set to be the next chairman of the Senate Homeland Security Committee, spoke with FNC's "Sunday Morning ...

President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he ...

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

The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...

CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...