Republicans, who hold narrow majorities in the House of Representatives and Senate, have spent weeks trying to agree on a ...

FY 2025 appropriations and the debt ceiling—to avoid an economic crisis, with plans for major policy changes in tax, border security, defense, and energy under consideration.

Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.

Sen. Mike Lee advocates for the REINS Act, which would rein in agencies’ power and give Congress more of a say in spending ...

Congresswoman Nikki Budzinski (IL-13) released the following statement on Musk’s efforts to overhaul the federal government.

Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.

In this video, Marco from Whiteboard Finance breaks down the 2023 U.S. debt ceiling crisis and what it means for the economy, interest rates, and government spending. He explains what the debt ceiling ...

A senior House Republican tells the New York Sun that there’s no way that hardline conservative lawmakers will get the policy wins they’re demanding.

Democrats are still trying to find their footing under the new administration, with some anti-Trump demonstrators urging them ...

House leaders are close to $1 trillion in spending cuts as a floor for reconciliation, but Freedom Caucus members say that's not enough to deliver.

Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...