House Republicans proposed raising the federal government's debt limit by $4T, according to a draft posted on the House of Representative website on Wednesday. Raising the debt limit allows the ...

Half a dozen Republicans told Insider that cuts to housing assistance for needy families are necessary to control inflation and reduce the deficit.

President Joe Biden said recouping unspent coronavirus money is "on the table" in budget talks with Congress. While the White House threatened to veto Republican House Speaker Kevin McCarthy's debt ...

Republicans want massive spending cuts in exchange for raising the debt ceiling and avoiding default. Chuck Schumer says their legislation won't fly.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Veering away from a ...

WASHINGTON — Congressional Republicans have reached “consensus” on legislation that will increase the nation’s debt limit — while also extending tax cuts, deregulating energy policies and beefing up ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the Republicans' wish list such as no taxes on tips or overtime, and the ...

(Bloomberg) -- A Republican drive to quickly pass President Donald Trump’s tax cut proposals and increase the US debt ceiling has been at least temporarily delayed by party infighting over federal ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump's top domestic priorities, providing for up to $4.5 trillion in ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. WASHINGTON — One outcome is clear as Washington reaches for a budget deal in the debt ceiling standoff: The ambitious COVID-19 ...