The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt ...

America's debt has the potential not only to destabilize the economy, but to drive democracy even closer to the edge.

With a seemingly endless string of immediate crises (a government shutdown, immigration enforcement, tariff policies, etc.), it is easy to forget about long-term issues.

Failure to do so would force all members of Congress, the president, and vice president included, to pay a price via a “fine.” They would be fined a fee equal to 25% of their adjusted gross income, ...

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...

There is always a lot of proud boasting in Washington about “American exceptionalism” — the idea that the U.S. was created for some higher purpose, to bring democracy and prosperity to a needy world.

From the White House to Congress, lawmakers are hashing it out on how to solve the nation's massive debt crisis -- and the negotiations, shall we say, are less than pretty. President Obama is set to ...