President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually is ...

Melissa Quinn is a senior reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. In a statement Wednesday, Trump and Vance lambasted the ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a ...

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 ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are different than when Congress fails to fund the government. The recently ...

Incoming President Donald Trump's second administration kicks off as the U.S. debt-ceiling debate enters another critical juncture A popular way for investors to earn yield on cash could get harder in ...

Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...