The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...

That deal did not ultimately address the debt limit. The letter to Johnson comes as Republicans consider a massive tax cut and border security package that includes an increase in the debt limit.

Republicans then used reconciliation to pass a spending ... on Friday sent a letter to House Speaker Mike Johnson urging Congress to raise or suspend the debt ceiling by mid-July to avoid a ...

The White House is eyeing this summer's debt ceiling's "X-date" as a forcing mechanism to push the "one big, beautiful bill" through Congress. "Gun to the head, the whole agenda, and the country's ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt.

said he believes the House can pass President ... and an increase in the debt ceiling, in addition to spending cuts. Republicans originally wanted to pass the bill by Memorial Day, but some ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Congress returns from a two-week recess with a massive item on its to-do list: budget reconciliation. Lawmakers barely passed ...

(CNN) — Lawmakers have until August to address the debt ceiling ... of when they have to pass their massive budget reconciliation bill, which aims to increase the debt ceiling along with ...

Biden has been under pressure to fulfill his promises on student debt relief ... down the White House's student loan cancellation. The wide-reaching bipartisan debt ceiling deal approved by ...