WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

Treasury Secretary Scott Bessent told congressional leaders on Friday that the U.S. will likely run out of borrowing ...

Senate fiscal hawks are making a steep set of demands in negotiations over the debt ceiling, driving an even harder bargain than the House rabble-rousers who won $2 trillion in cuts. Sen.

Washington (CNN)-- The U.S. House on Monday passed the debt-ceiling deal worked out by President Barack Obama and congressional leaders, sending it to the Senate for consideration a day before the ...

The Senate vote is one big step in a long process. And the debate revealed intra-party tension over key issues like Medicaid, ...

After about six hours of amendment votes, the Senate approved a budget blueprint Saturday morning by a vote of 51-48.

Thus, their cuts can’t be as deep. However, Senate GOP sources have repeatedly told Fox that they are trying to establish a "floor" for cuts. Not a "ceiling." The budget framework already has a ...

In a bipartisan deal to avert an unprecedented U.S. default, the Senate on Thursday passed a bill that suspends the $31.4 trillion debt ceiling and cuts federal spending. The bill now goes to ...

TASS/. The bill to raise the US federal debt ceiling got enough votes to be approved by the Senate of the US Congress on Thursday, according to a live broadcast by C-SPAN. A total of 63 members of ...

Senate Republicans unveiled a budget blueprint designed to fast-track a renewal of President Donald Trump’s tax cuts and an increase to the nation’s borrowing limit, ahead of a planned vote on ...