Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit and trust of the United States on the line. The Congressional Budget Office ...
WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...
The U.S. Senate passed a House-approved bill late Thursday to suspend the national debt limit and put a lid on government ...
The debt-ceiling debate has been long and hostile, and polls show that Americans just want a compromise and will blame GOP lawmakers over President Barack Obama if the debt limit isn’t raised.