For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

Chinese President Xi Jinping on Tuesday stressed efforts to maintain strategic resolve and stay united in forging ahead ag ...

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...

President-elect Donald Trump slams former Speaker Kevin McCarthy for reaching a debt ceiling deal with President Biden in ...

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On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president's plan.

Trump’s return sparks market uncertainty—gold and Bitcoin may rise as hedges against debt ceiling risks, inflation, and trade ...

Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans’ New ...