The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. The X-date is when the US government will exhaust its extraordinary measures and be ...

Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston ...

Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...

Wall Street is on alert as the second half of 2025 gets ready to unload as much as $1 trillion in new Treasury supply, with the bond market bracing for the impact. This wave is expected to slam into ...

WASHINGTON, April 30 (Reuters) - The U.S. Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt ...

Sen. Elizabeth Warren, D-Mass., said on Friday she agrees with President Donald Trump’s call to eliminate the debt limit, urging bipartisan action to scrap it permanently. In a post on X, Warren wrote ...

WASHINGTON — With the clock ticking once again on the need to raise the nation’s debt limit, an unusual political alliance has formed to try to end these economically damaging showdowns for good.

Members of President Donald Trump’s own party could complicate his effort to avoid a standoff over extending the nation’s borrowing limit — which means a complication for Trump’s legislative plans ...

The One Big Beautiful Bill Act raises the debt ceiling by $5 trillion, averting a 2025 debt crisis and enabling continued government funding. Treasury will prioritize short-term Treasury Bill issuance ...

For someone who hates debt, Rep. Tim Burchett made a remarkable acknowledgment after voting this month for a massive bill that included a $5 trillion hike to the nation’s credit card limit. “I feel ...

Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling. President Trump is pressuring Republicans to not allow Democrats to use ...