Senate Republicans unveiled a budget blueprint designed to fast-track a renewal of President Donald Trump’s tax cuts and an ...

Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...

The US could default on its $36 trillion debt as early as July and no later than October without congressional action, ...

A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...

The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...

Press reports indicate that Senate leadership may release a proposed concurrent budget resolution for Fiscal Year (FY) 2025 as early as today with potentially $5.8 trillion in net allowable deficit ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

Senate Republicans had previously endorsed a two-track approach, with the second bill focusing just on renewing the 2017 Tax ...

WASHINGTON — Senate Republicans are warming to the idea of including a debt ceiling increase in their big party-line bill to ...

House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic ...

The CBO forecast warns that the government would be unable to borrow money and pay its obligations without a debt ceiling ...