President-elect Donald Trump on Wednesday rejected Congress' bipartisan plan that would have temporarily funded the government and dodged a serious shutdown that could begin on Friday night. But Trump ...

The budget and debt ceiling fights in Washington often seem to take place in a hermetically sealed bubble. Or maybe on some faraway planet “Beltway,” where there’s definitely less oxygen in the ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

Among the measures being debated by Congress to avert a government shutdown is increasing the debt ceiling — or eliminating it entirely. It's arguably the most unusual demand from President-elect ...

The recent U.S. debt ceiling debacle has shed light on just how dangerous a polarized and fragile political landscape can be for the American public. While the U.S. economy narrowly avoided defaulting ...

The latest last-minute deal to raise the US debt limit does not solve the underlying political problem. On the contrary, with the country on track for a Biden-Trump rematch next year – a contest that ...

Melissa Quinn is a senior reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. In a statement Wednesday, Trump and Vance lambasted the ...

Anne Fortier is the New York Times bestselling author of Juliet. Her new book, The Lost Sisterhood will hit the shelves on March 11. The U.S. government reached its $14 trillion borrowing limit today.

AOC said in a tweet that House Speaker Kevin McCarthy doesn't know "how many votes he has on what," recalling the Speaker vote debacle in January.

From full coverage of the debt ceiling and default deal, to Rosalynn Carter's recent diagnosis, here are the top national news stories from the past week. The tears were flowing. Iowa native Frank ...