As the U.S. nears the debt ceiling, the Treasury Department has begun deploying so-called extraordinary measures. WSJ’s Jon Hilsenrath explains what those measures are and how they help the country ...

This week marks the biggest test yet for the speakership of House Speaker Kevin McCarthy, R-Calif. McCarthy needs to show that he can keep his members together to approve the Republican version of a ...

House Democrats need at least five Republican defections for their debt ceiling backup plan to prevail. So far, Republicans don’t appear to be interested. The plan, which was teased in a letter to ...

The Greater Good: That’s the lesson now that the debt-limit deal has been approved by the U.S. House and Senate, economists say. Yes, some senators are angry about defense spending, work requirements ...

If the debt ceiling deal hammered out between President Joe Biden and House Speaker Kevin McCarthy, R-California, passes Congress and is signed into law by the president, the pause on federally funded ...

A bipartisan group of lawmakers drafted a debt ceiling proposal that would help the country avoid defaulting on its loans and would act as a backup plan if House Republicans and President Joe Biden ...

House Republican leaders are moving behind the scenes to get their conference behind a plan that would raise the debt ceiling for one year with a slew of cuts and revenue raisers, a move intended to ...