Speaker Kevin McCarthy (R-Calif.) pulled out all the stops last week to move a debt ceiling bill through the House, twisting arms, modifying language and cutting last-minute deals with leery ...

House lawmakers approved a $480 billion hike to the debt ceiling on Tuesday, averting a potentially catastrophic U.S. default for at least another two months and teeing up another showdown over a long ...

House Minority Leader Hakeem Jeffries, D-N.Y., on Sunday wouldn't commit to supporting a short-term extension of the debt ceiling and insisted on a "clean" debt ceiling lift, in an exclusive interview ...

The debt ceiling issue has entangled Congress in yet more partisan gamesmanship. The two sides agreed to an emergency extension into December, averting the immediate crisis, but Senate Minority Leader ...

WASHINGTON — Congressional leaders are hatching a complicated plan to lift the debt limit this month with only Democratic votes in the Senate, three sources told NBC News. The strategy, which remains ...

With a default on federal debt as little as 12 days away, Senator Mitch McConnell offered to let Democrats temporarily lift the borrowing limit. By Jonathan Weisman and Emily Cochrane WASHINGTON — ...

The US could run out of money to pay its debts as soon as June 1, and there's still no resolution. Democrats and Republicans haven't made much progress in negotiations, which resume today. If the US ...

Mitch McConnell on Wednesday offered Democrats a two-month reprieve on the debt ceiling. Even if they took his offer, McConnell insisted they would have to raise it via reconciliation. It would ...