Policy analysts, Democrats, and Republicans dissatisfied with the deal agree: Federal health programs have dodged a budgetary bullet in the Washington showdown over raising the nation’s debt ceiling.

WASHINGTON — A deal has been reached between Senator Chuck Schumer (D-N.Y.) and Senator Mitch McConnell (R-K.Y.) to temporarily raise the debt ceiling and avoid a default by the Treasury Department.

President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage ...

A number of declared and prospective Republican presidential candidates are voicing opposition to a debt ceiling deal that House Speaker Kevin McCarthy (R-Calif.) struck with President Biden this ...

He got President Biden to negotiate. And then he got a deal. Now, Speaker Kevin McCarthy (R-Calif.) is in the final phase of his debt ceiling saga: whipping up enough support for the bill in the House ...

House negotiators worked into the early hours of Saturday morning, but still have not reached a deal on the debt ceiling. However, they say the possibility of reaching an agreement is within closer ...

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 ...

A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...