The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...

Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...

Trump’s late intervention to sink a bipartisan debt ceiling increase leaves lawmakers scrambling to reach an agreement.

Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done ...

The cap on how much the government can borrow has become a political football, but the consequences are very real.

Large swaths of US government could temporarily close at midnight Dec 20 if Congress does not approve a stopgap spending Bill ...

The best way for President Trump to end the debt crisis is to turn to an honest dollar defined in terms of gold.

CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...

WASHINGTON U.S. Senate Majority Whip Dick Durbin (D-IL) today joined U.S. Senator Brian Schatz (D-HI) and 16 colleagues in ...

Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts. The debt ceiling is a cap on the amount of money the U.S. government ...