debt ceiling

Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden

WASHINGTON (AP) — Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget...

Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP support

WASHINGTON (AP) — Hard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S....

Debt ceiling deal: What’s in, what’s out of the agreement to avert US default

WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy have reached an agreement in principle on legislation to increase the...

Detroit Today: Democrats, Republicans clash over debt ceiling concerns

Republicans and Democrats acknowledge that if the U.S. debt ceiling limit is not raised, it will have severe consequences for...

Why another debt ceiling fight looms in Congress

On Thursday, the U.S. Treasury Department informed Congress that it is taking “extraordinary measures” to prevent the federal government from...