*(CNN) — The US House of Representatives voted overwhelmingly on Wednesday to pass a debt limit deal that will be in effect through January 1, 2025. It was a way for lawmakers to prevent a ...

WASHINGTON — A deal has been reached between Senator Chuck Schumer (D-N.Y.) and Senator Mitch McConnell (R-K.Y.) to temporarily raise the debt ceiling and avoid a default by the Treasury Department.

CNN — Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell have reached an agreement to create a one-time process that would let Democrats raise the debt ceiling on their ...

President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage ...

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, ...

The kicked-can of a deal sets up a bigger battle this winter. The TAKE with Averi Harper On the Senate floor Thursday morning, Senate Minority Leader Mitch McConnell took credit for resolving a crisis ...

WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

A possible deal on the debt limit is still alive—for now. Senate Majority Leader Harry Reid sounded a cautious note Thursday, following a meeting with President Obama on a GOP plan to temporarily ...

After six months of negotiations and warnings of impending economic doom, the White House and Congress have a deal to raise the debt ceiling. President Obama gets one thing he wanted--the debt limit ...

Congressional Republicans appear to be on the verge of agreeing to a relatively short-term increase to the debt ceiling, a week before the deadline set by Treasury. But all of the various factors ...