This week marks the biggest test yet for the speakership of House Speaker Kevin McCarthy, R-Calif. McCarthy needs to show that he can keep his members together to approve the Republican version of a ...

Treasury Secretary Janet Yellen said that despite the government hitting the debt ceiling months ago, there has been no plan for prioritizing payments presented to the president. As lawmakers struggle ...

If the debt ceiling deal hammered out between President Joe Biden and House Speaker Kevin McCarthy, R-California, passes Congress and is signed into law by the president, the pause on federally funded ...

A bipartisan group of lawmakers drafted a debt ceiling proposal that would help the country avoid defaulting on its loans and would act as a backup plan if House Republicans and President Joe Biden ...

The Greater Good: That’s the lesson now that the debt-limit deal has been approved by the U.S. House and Senate, economists say. Yes, some senators are angry about defense spending, work requirements ...

The House passed the debt ceiling bill Wednesday night just days ahead of the June 5 deadline to avoid a catastrophic U.S. default. McCarthy suggests he'll push for more cuts and work requirements now ...

Speaker Kevin McCarthy’s (R-Calif.) debt-ceiling spending plan–which takes aim at some small-business benefits–passed the House this week, setting up negotiations with the Senate as the country ...

The House GOP’s Limit, Save, Grow Act to raise the debt ceiling contains within it a vitally important reform — work requirements for able-bodied adults to qualify for Medicaid. While the ...

After House Speaker Kevin McCarthy briefed House Republicans on the outlines of a bill to raise the debt ceiling in exchange for spending cuts and policy changes, lawmakers emerged seeking more ...

Kevin McCarthy’s debt ceiling bill goes up for a vote next week—despite being so unpopular in his own party that he is reportedly begging people to back it. The House speaker unveiled a plan Monday to ...