But Congress and the White House are far apart on that, too. House Speaker …
President Donald Trump's initial request for a multibillion-dollar down payment for initial Harvey recovery efforts is growing. Republican leaders are already making …
(CNN)Another debt ceiling deadline is approaching this summer and a screw up of cataclysmic proportions from Washington is not out of the question. When Congress nearly failed to lift the ceiling in 2013, the Treasury Department …
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Dark days may be ahead if Congress can't resolve its dispute over the debt limit—a separate and larger issue than the shutdown. Photo by Saul Loeb/AFP/Getty Images On Oct. 1, the government will shut down. This is a bit of an …
Congress is once again debating whether to raise the debt ceiling, a legal limitation on how much the government can borrow to pay debts to which it has already committed. But what is the debt ceiling, anyway? And do we really need …
Fiscal drama has been pretty muted on Capitol Hill lately. Come fall, however, it's likely to heat up again as lawmakers' decisions about the debt ceiling and funding the government are set to collide. Remember the debt ceiling? Yeah, …
WASHINGTON — With the White House and Congress engaged in their second major battle in 18 months over the debt limit, some lawmakers, economists and analysts are offering a simple solution: Just get rid of it. The U.S. is one of …
The federal debt ceiling is a lot like San Francisco Giants relief pitcher Hunter Strickland. Unlike Strickland, the debt ceiling doesn’t possess the patience of Job. The debt ceiling doesn’t hold grudges. The debt ceiling doesn’t …
It could be that President Barack Obama and the Republican House of Representatives will again be able to avert fiscal and financial chaos through a short-term, ad hoc agreement on government funding and the “debt ceilinglimit. This …
Heading off a government shutdown on Sept. 30 is one of the biggest items on lawmakers’ to-do list. Washington lawmakers will grapple with a crunch of fiscal deadlines as they return from their August break Tuesday — with …