Senior Democrats are preparing a sweeping tax plan that would aim to raise hundreds of billions of dollars from the fortunes of America's roughly 700...
President Joe Biden told Democrats during a private meeting that he believed they could secure a deal on a new tax-and-spending proposal between $1.75 trillion...
The Senate majority leader's push to accelerate the debt-ceiling vote comes as lawmakers have just two weeks before hitting the date at which the U.S....
The previously undisclosed talks reflect the extent of planning within the Biden administration over the debt ceiling as lawmakers in Congress remain at odds over...
The White House budget office notified federal agencies on Thursday to begin preparations for the first shutdown of the U.S. government since the pandemic began,...
America could plunge into an immediate recession if Congress fails to raise the debt ceiling and the U.S. defaults on its payment obligations this fall,...
