Washington — The House has passed legislation to suspend the debt ceiling and limit spending, as time runs short to avoid a catastrophic default. The bill will still need to pass the Senate.

A deal allowing the US to borrow more money has moved closer to becoming law, days before the world's biggest economy is due to start defaulting on its debt. The measure easily passed the House of ...

The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy cleared a major procedural hurdle on Tuesday night, just days before a potential default by the U.S. government.

The House of Representatives on Friday overwhelmingly passed a $15 billion package that provides disaster relief for areas recovering from Hurricane Harvey, along with a short-term agreement to fund ...

Will Congress pass the debt ceiling deal? The House could vote as early as Wednesday on a compromise to raise the nation's debt ceiling. The wings of each party have both opposed the plan, meaning ...

Biden Falsely Claims He Visited Ground Zero the Day after 9/11 New York City to Cut Overtime Pay for NYPD, Other Departments in Response to Migrant Crisis Over 100 House Democrats Demand Biden ...

Republican gives positive remarks to reporters as 11 Democratic senators sign letter to Biden urging him to use 14th amendment to avoid default The Republican House speake,r Kevin McCarthy, told ...

New York dodged a big financial bullet thanks to the recently passed debt ceiling deal, Senate Majority Leader Chuck Schumer said Sunday. He echoed Friday comments from President Biden, who cast ...

A deal allowing the US to borrow more money has moved closer to becoming law, days before the world's biggest economy is due to start defaulting on its debt. The measure easily passed the House of ...