President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore benefits that had been cut for younger
Financial markets were watching, the retirement accounts of millions of Americans on the line. Nervous senators were watching too, well aware that political fortunes could
Legislation to raise the federal debt limit and prevent a crippling government default cleared Congress on Wednesday with an awkward assist from top Senate Republican
The Senate could approve a one-year extension of the U.S. debt limit by mid-afternoon on Wednesday after Republicans and Democrats agreed to shorten debate time
The House of Representatives narrowly approved a one-year extension of federal borrowing authority on Tuesday after Republicans caved into President Barack Obama’s demands to allow
The U.S. government is getting a new borrowing cap Friday, almost four months after Washington defused October’s government shutdown and debt crisis. The new cap
Congress needs to raise the debt limit and take away the “cloud of uncertainty” about the nation’s ability to pay its bills, Treasury Secretary Jack