Speaker Kevin McCarthy made a plea to House Republicans during a closed-door meeting Tuesday morning to back his debt ceiling plan, telling them that although it doesn’t have to include everything ...

Steep budget cuts included in House Republicans’ plan for raising the debt ceiling would be a major blow to New York, Senate Majority Leader Chuck Schumer said Sunday as efforts to increase the ...

Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the next few weeks to raise the debt ceiling during a speech at the New York Stock Exchange. “So here is our plan ...

Add Yahoo as a preferred source to see more of our stories on Google. After House Speaker Kevin McCarthy briefed House Republicans on the outlines of a bill to raise the debt ceiling in exchange for ...

The debt ceiling might be the single dumbest feature of U.S. law. Congress decides to spend money and later schedules a separate vote on whether the government will pay its bills. If the government ...

WASHINGTON —The House on Wednesday passed a Republican debt ceiling plan that includes $4.5 trillion in cuts and raises the debt ceiling until May 2024, but Democrats say it won't ward off a potential ...

Treasury Secretary Janet Yellen on Thursday slammed the Republican plan for what the United States should do if it hits the debt limit. The GOP has refused to lift the debt ceiling until major budget ...

WASHINGTON — A group of ultraconservative House Republicans on Friday sketched out their demands to tackle the debt ceiling, pushing to repeal much of President Joe Biden's signature Inflation ...

This week marks the biggest test yet for the speakership of House Speaker Kevin McCarthy, R-Calif. McCarthy needs to show that he can keep his members together to approve the Republican version of a ...

Speaker Kevin McCarthy (R-CA) on Wednesday unveiled his party’s highly-anticipated debt ceiling proposal, saying he's willing to lift the limit by $1.5 trillion or until March 31, 2024 — whichever ...