President-elect Donald Trump has called on Congress to extend the U.S. debt ceiling, emphasizing that avoiding a federal default is his top priority. The debt ceiling, which expired at the end of 2023 ...

Senators voted to approve a short-term increase to the federal debt ceiling on Thursday night, ending a weekslong standoff on Capitol Hill and likely averting a default that could have triggered a ...

America’s national debt hit $8.27 trillion in March 2006 when then-Sen. Barack Obama, D-Ill., called the national debt “a sign of leadership failure” and promised to vote against raising the debt ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The passage of the "Limit, Save, Grow Act" plan on Wednesday detailing ...