This week marks the biggest test yet for the speakership of House Speaker Kevin McCarthy, R-Calif. McCarthy needs to show that he can keep his members together to approve the Republican version of a ...

House Democrats need at least five Republican defections for their debt ceiling backup plan to prevail. So far, Republicans don’t appear to be interested. The plan, which was teased in a letter to ...

If the debt ceiling deal hammered out between President Joe Biden and House Speaker Kevin McCarthy, R-California, passes Congress and is signed into law by the president, the pause on federally funded ...

Add Yahoo as a preferred source to see more of our stories on Google. After House Speaker Kevin McCarthy briefed House Republicans on the outlines of a bill to raise the debt ceiling in exchange for ...

Treasury Secretary Janet Yellen said that despite the government hitting the debt ceiling months ago, there has been no plan for prioritizing payments presented to the president. As lawmakers struggle ...

If there was any sense the passage of a House Republican debt limit plan could move the needle on debt ceiling brinksmanship in Washington, House Minority Leader Hakeem Jeffries, D-N.Y., reassured ...