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

President Donald Trump amplified his calls to abolish the U.S. debt limit Wednesday, saying it should be “entirely scrapped ...

WASHINGTON -- The honeymoon appears to be over between President Donald Trump and billionaire Elon Musk. On Thursday, Musk ...

Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.

The Congressional Budget Office estimates that Trump's spending package addressing tax policy, immigration and other issues ...

Elon Musk’s spat with President Trump over the Big Beautiful Bill continues to rage, with the Tesla CEO on Thursday using a ...

President Donald Trump and Massachusetts Senator Elizabeth Warren found some rare common ground over the debt limit.

President Donald Trump on Wednesday called for abolishing the debt limit in the interests of maintaining financial stability ...

"There's a lot of motivation to move quickly, because they don't want to rely on a long stop gap beyond September 30th," said ...

Sen. Rand Paul from Kentucky said on Sunday that he and three other Republicans are set to vote against President Donald ...

Sen. Elizabeth Warren (D-Mass.) expressed rare agreement with President Donald Trump on eliminating the federal debt ceiling ...

Among the most prominent voices against Trump's latest bill is Elon Musk, who dubbed it the "Debt Slavery Bill." The ...