McConnell and fellow Senate Republicans still insist that the Democrats go it alone to raise the debt ceiling longer term. Further, McConnell has insisted that Democrats use the same cumbersome ...

The House avoided an election-year vote on raising the debt limit by automatically sending the bill to the Senate when it passed a budget last year. The bill passed the Senate just hours before the ...

WASHINGTON — Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send ...

WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...

President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren (Mass.) ...

The Senate cleared a measure suspending the U.S. debt limit for President Obama’s signature after Republicans dropped demands for policy conditions that in past years risked a potential default. The ...

WASHINGTON (AP) — The Senate dodged a U.S. debt disaster Thursday night, voting to extend the government's borrowing authority into December and temporarily avert an unprecedented federal default that ...