Welcome to the new year, and a new, GOP-controlled Congress. Lawmakers are facing some tough debates and choices when the 119th Congress kicks off Friday, starting off with Mike Johnson’s bid for ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

The 119th Congress is tall on ambition, but short on time. The reason parties with unified control are in a hurry is because ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Speaker Mike Johnson is still working to win over skeptics, raising the prospect of a contentious speakership vote Friday — and more political chaos to come ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social ...

Treasury Secretary Janet Yellen warned Congress that the U.S. government could hit its debt limit as early as January 14th, ...