President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...

The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...

A House GOP aide told The Post that the “target cuts” for both chambers of Congress will be reconciled — with at least $1.5 ...

The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for ...

It may be playing with fire, but it’s the best hope the party has to extract concessions from a reckless Trump administration ...

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...