Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...

The debt limit fight arose in mid-December after President-elect Donald Trump demanded at the eleventh hour that Republicans ...

Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump ...

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to ...

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out ...

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit ...

After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions ...

Congress has officially certified Donald Trump’s victory in the 2024 presidential election. Now the president-elect and team continue to work on the transition with inauguration just two weeks away.

The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

Credit-reporting companies and debt collectors have previously opposed the policy, which could face political and legal ...

President-elect Donald J. Trump is expected to deliver an announcement about economic development on Tuesday at Mar-a-Lago, ...