Concessions made by Speaker Kevin McCarthy heighten economic risk, experts said. House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, ...

House Republicans’ go-it-alone debt limit bill pairs a debt ceiling increase expected to last into next year with what Speaker Kevin McCarthy (R-Calif.) said would be about $4.5 trillion in savings ...

On Thursday, the White House announced that President Joe Biden has called together a group of top aides to study “all legal and policy options” for preventing future debt ceiling standoffs. The group ...

WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

The House will vote Wednesday on a temporary extension of the deadline to raise the nation's debt limit, House Majority Leader Eric Cantor confirmed Monday. The House Rules Committee will take up ...

The House on Wednesday passed a Republican plan to suspend the U.S. borrowing limit until mid-May, postponing a fiscal standoff that could have torpedoed the U.S. economy and further damaged the GOP‘s ...