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

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 ...

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 ...

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

Significant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill as the Senate begins ...

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

The bond market is getting a lot of attention as the U.S. wrestles with its debt ceiling and Congress works on passing a ...

The One Big Beautiful Bill Act, passed by the House and now in the hands of the Senate, could add $2 trillion to the deficit, ...

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