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 ...

If federal policymakers want to make life more affordable, both now and in the future, they should cap their own spending.

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

The U.S. national debt has reached a staggering $38 trillion, marking a critical juncture in the nation’s fiscal policy. This figure translates to approximately $111,600 owed per American, ...

Senate Majority Leader Chuck Schumer said Thursday that lawmakers had reached a deal to extend the federal debt ceiling through December and that a vote on the measure could take place within hours.

Despite all the hand-wringing over raising the federal debt limit, and the prickly debate between Democrats and Republicans, there’s some confusion about what it actually means. A recent Pew Research ...