Lawmakers are staring down a fast-approaching deadline to raise the debt ceiling or risk default as early as June 1, but the ...

The president and the speaker had a "productive" telephone conversation as Biden flew back Sunday from an economic summit in ...

President Biden and Speaker Kevin McCarthy (R-Calif.) are set to meet for another round of debt ceiling talks this week, and a deal over raising the borrowing limit remains at a stalemate.

Gaetz or one of his allies now have the power to trigger a so-called “motion to vacate” if McCarthy cuts a debt deal with Biden and the Democrats that they feel is too liberal. He was already ...

Two weeks ago, I argued that implementing this framework by suspending the debt limit until the end of the fiscal year on September 30 would create space for Biden and McCarthy to negotiate a ...

The package makes some inroads in curbing the nation’s debt as Republicans demanded, without rolling back Trump-era tax breaks as Biden wanted. To pass it, Biden and McCarthy counted on support ...

Almost alone, Gaetz led his side of the floor debate, criticizing the debt deal McCarthy made with President Joe Biden and ...

“I can’t imagine any debt ceiling provision passed out of the Senate with 60 votes could actually pass this particular House,” he added. Biden and McCarthy have agreed to meet to talk about ...

Democrats would get if they agreed to deeper spending cuts than Biden’s team has proposed is uncertain. McCarthy and his Republican negotiators said what the Democrats get is a debt ceiling ...

designed to solve the debt-ceiling dispute. Media reports said Biden and McCarthy spoke on Sunday as the president was heading back to the U.S. from the G-7 summit in Japan. Reuters quoted ...

McCarthy faces a hard-right flank that is likely to reject any deal, which has led some Democrats encouraging Biden to resist any compromise with the Republicans and simply raise the debt ceiling ...

U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise America's debt ceiling. [AP Photo] U.S. President Joe Biden and top congressional ...