A hotly contested deal was finally struck between Democrats and Republicans in June, suspending the debt ceiling and allowing further spending until 2025. The debt ceiling was last raised in late ...

House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...

A senior House Republican tells the New York Sun that there’s no way that hardline conservative lawmakers will get the policy wins they’re demanding.

Donald Trump signed an executive order on Monday paving the way for an American sovereign wealth fund. There are many reasons ...

Donald Trump and Elon Musk could use sensitive Treasury information to punish their enemies — or they could break America’s payment system entirely.

U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

House Majority Leader Steve Scalise discussed Republicans' plans to grapple with several fiscal deadlines on the horizon.

Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with ...

Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.

While President Trump wants Congress to eliminate the debt limit once and for all so he can ... take a handful of defectors to tank a proposed deal. Investors have historically cheered gridlock ...

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 ...