This critical action allows the government to continue borrowing to meet its legally binding financial obligations.

The U.S. debt ceiling is a cap the government puts on the amount it can borrow to pay off existing debts. Learn how the debt ...

On Wednesday's "Rob Schmitt Tonight," Senator Rand Paul joined to talk about President-elect Donald Trump's agenda, explained why he wouldn't vote to raise the debt ceiling, and more on NEWSMAX: "The ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

President-elect Donald Trump told NBC News in a recent interview that the “smartest thing” Republicans could do is to ...

Newly minted Rep. Tony Wied, R-Wis., is unique among the incoming House freshman class in that he was elected in November and ...

10th District Congressman Scott Perry (R-York) spoke with FOX43 News on Thursday to preview the decisions Republican ...

House Freedom Caucus Chair Andy Harris (R-Md.) has taken the famously confrontational group in a slightly more agreeable ...

President-elect Donald Trump will meet with Senate Republicans Wednesday to try to get lawmakers "on the same page" on how to ...

Gold gave back less than expected given a strong dollar and profit-taking, as a positive outlook and higher risk constrained ...

A faction of President-elect Donald Trump’s allies is harboring doubts about Republicans’ chances of passing a sweeping tax bill in 2025 amid party infighting and strategy disputes. Republicans ...