CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...

Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the ...

Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...

Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done ...

The cap on how much the government can borrow has become a political football, but the consequences are very real.

Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts ...

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown.

The debt ceiling is the limit placed by Congress ... What happens if the government defaults on the debt? The United States has never defaulted on its debts. That’s part of why U.S. Treasury ...

Hours before the start of a federal government shutdown, President-elect Donald Trump doubled-down Friday on his insistence ...

WASHINGTON -Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the US debt ceiling ... districts in states including West ...