If the U.S. defaults on its debt, the government would fail to meet its financial obligations to bondholders. This would ...

WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

Contrary to media headlines closely monitoring the lower- and mid-level federal courts as they opine on the individual insurance mandate, the United States Judiciary Branch may have little impact on ...

On Thursday, the White House announced that President Joe Biden has called together a group of top aides to study “all legal and policy options” for preventing future debt ceiling standoffs. The group ...

Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit and trust of the United States on the line. The Congressional Budget Office ...

LONDON/GENEVA (Reuters) -A new U.N.-supported forum designed to help tackle the most pressing debt issues across emerging economies was launched on Wednesday as policymakers warned that ever-rising ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

Medicare, Medicaid and other entitlements must be reduced, Republican lawmakers said this weekend, before they’ll agree to raise the nation’s borrowing limit to avoid defaulting on its loans, ...