Treasury Secretary Steven Mnuchin is predicting that Congress will raise the government's borrowing limit in September, before a deadline for default.
By Andrew Taylor, Associated Press
A new government estimate says the drop-dead deadline for lawmakers to increase the government's borrowing limit is early to mid-October.
By Josh Boak, Associated Press
"It's fair to say we haven't settled on a final way to address the debt ceiling any more than the Hill has," Budget Chief Mick Mulvaney said.
By Associated Press
Pelosi said she and fellow Democrats would support increasing the debt ceiling so long as it would be a "clean" increase that would be free of GOP add-ons.
Wisconsin Rep. Paul Ryan, the new GOP nominee to replace John Boehner as Speaker of the House, laid out his first policy position Wednesday: supporting the new bipartisan budget deal. The House passed the agreement, averting a looming federal default…
By Associated Press
The House has passed a bipartisan budget-and-debt deal that prevents an unprecedented government default.
By PBS NewsHour
Trying the clear the deck for his replacement, outgoing Speaker of the House John Boehner announced a tentative two-year budget deal that would boost defense and domestic programs and lift the debt ceiling through the spring of 2017. Political director…
By Andrew Taylor and Erica Werner, Associated Press
WASHINGTON -- Speaker John Boehner is pressing ahead with one last deal as he heads for the exits, pushing to finalize a far-reaching, two-year budget agreement with President Barack Obama before handing Congress' top job over to Rep. Paul Ryan…
Former deputy energy secretary and mayor of Houston Bill White details how America's borrowing used to be manageable and how it can be once more -- if only the federal government would divide spending bills into parts financed by taxes…
Support Provided By: Learn more
Educate your inbox
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else.