Trump Says Debt Ceiling Is 'Not Necessary.' Is He Right?
President Trump said he would think about working with Democrats to scrap the limit on the country's borrowing, which has been around for a century.
debt ceiling
House Republicans Fume At Trump Administration In Private Meeting
GOP lawmakers' anger about President Trump's short-term budget deal with Democrats boiled over in a meeting with Treasury Secretary Steven Mnuchin and White House Budget Director Mick Mulvaney.
America's Credit Rating On The Line As Debt Ceiling Deadline Approaches
Congressional leaders are trying hard to assure the financial markets the United States isn't about to default on its debts, but tweets by President Trump suggest the vote may not go smoothly.
Senate Passes Budget That Would Fund Government Into 2017
The measure, which passed 64 to 35, would suspend the debt ceiling and fund the government until after the presidential election campaign. President Obama is expected to sign it.
What Each GOP Hopeful Needs To Do At Tonight's Presidential Debate
There will be a renewed focus on a surging Ben Carson, while Jeb Bush needs a strong performance during the debate — which is focused on the economy — to assuage nervous donors.
Why You Shouldn't Stare Up At The Debt Ceiling And Yawn
Congress always finds a way to swerve away from the brink just as the country nears default on its bonds. But this time, political turmoil may be increasing the danger that Congress won't act in time.
Two Charts That Show How Boehner Had An Impossible Job
Being Speaker of the House is a thankless job these days. A public that distrusts Washington and a sharply polarized Congress helped make it particularly hard for John Boehner.
Iran Deal Looks Like A Done Deal, So Here Are The Next Crises For Congress
President Obama may have secured enough votes to keep his Iran deal intact, but potential problems loom for Congress on the debt ceiling, highway funding and a possible government shutdown.
Congress Quietly Extends The Budget — Past Election Day, Anyway
Since the GOP retook the House, the chamber once brought the country to the brink of a debt default and once shut down the government. But in election years, including this one, there's no such drama.