The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to ...

Sen. Ron Johnson (R-WI) said he will vote against President-elect Donald Trump's plan to eliminate or raise the debt limit.

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Donald Trump and his GOP allies in Congress have recently shared some of the first details of their ambitious agenda — ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...

Fresh off his reelection as speaker, Mike Johnson hyped up Republicans’ ambitious agenda for the new year and pledged to take ...

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...