House Democrats have taken their first procedural steps to try to force a House vote on a clean debt ceiling increase, multiple Democratic leadership aides tell CBS News, a long-shot effort that is ...

House Minority Leader Hakeem Jeffries has announced that House Democrats have taken a key procedural step that could be used to bypass House Republican leadership and enable Democrats to attempt to ...

The White House on Thursday called a proposed short-term debt ceiling increase a “positive step,” signaling support for the arrangement one day after initially appearing unenthused by the idea of ...

Speaker Kevin McCarthy reached an agreement with the Biden administration on a deal to raise the debt ceiling. Photo by Anna Rose Layden/Getty Images Hats off to House Speaker Kevin McCarthy. He has ...

The House on Wednesday voted to approve a bill that suspends the debt ceiling through Jan. 1, 2025, and reins in government spending. Its passage marks a step toward averting a potential default by ...

The House on Wednesday night passed a bipartisan bill to suspend the debt ceiling, overcoming vocal opposition from conservative and liberal lawmakers and bringing the country one step closer to ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

HAMPSHIRE SAY THIS WAS THE RIGHT MOVE TO PROTECT AMERICANS... A DEAL MONTHS IN THE MAKING... NOW ONE STEP CLOSER TO THE PRESIDENT'S DESK... AS LAWMAKERS TRY TO AVOID AN UNPRECEDENTED U- S DEFAULT ...

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