Perhaps most critical to locking up the debt limit deal were President Joe Biden and House Speaker Kevin McCarthy’s five handpicked negotiators, three men and...
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
The House has approved the debt ceiling and budget cuts package, sending it to the Senate.
The debt ceiling deal has come with just days to spare before a potential first-ever government default.
The details of the deal between President Joe Biden and House Speaker Kevin McCarthy are in a 99-page bill. Here's what's in and what's out.
Debt ceiling talks showed few signs of outward progress as negotiators for President Joe Biden and House Speaker Kevin McCarthy are trading more budget-cutting ideas.
Rep. Garret Graves called for a pause, saying talks on raising the debt ceiling were "not productive." It was unclear when negotiations would resume.