What Congress tackles or fails to accomplish often boils down to "the math." But a potential crisis over the debt ceiling later this year could really be about the math, even more than other things ...

Speaker Kevin McCarthy (R-Calif.) pulled out all the stops last week to move a debt ceiling bill through the House, twisting arms, modifying language and cutting last-minute deals with leery ...

Senate Minority Leader Mitch McConnell (R-KY) wanted to prove on Thursday that Democrats don’t have the votes to weaken Congress’ authority on the debt limit. Instead they called his bluff, and he ...

House Minority Leader Hakeem Jeffries, D-N.Y., on Sunday wouldn't commit to supporting a short-term extension of the debt ceiling and insisted on a "clean" debt ceiling lift, in an exclusive interview ...

Melissa Quinn is a politics reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. Washington — House Speaker Kevin McCarthy and Republican ...

A screen shows the national debt clock after the US hit its debt limit and the Treasury started using extraordinary measures to avoid default (Photo by Fatih Aktas/Anadolu Agency via Getty Images) The ...

WASHINGTON — The Senate passed a massive budget deal Thursday that would stave off the looming threat of a potential default on US debt and prevent automatic spending cuts to domestic and military ...

“Let me be clear: A no-strings-attached debt-limit increase cannot pass,” announced House Speaker Kevin McCarthy last week. This claim, which McCarthy and his allies have been repeating for weeks, has ...