Congress, instead of specifying a dollar amount, should set the debt limit at 132 percent of GDP and ratchet it down from there each fiscal year.

As Congress reconvenes, the debt ceiling will again make news. Then Trump will get rid of the debt ceiling. This won’t change anything, really. Except when the debt ceiling makes news, at least ...

The One Big Beautiful Bill recently got signed into law, reducing taxes for many Americans. But what will the hefty cuts mean for the U.S. national debt? Here’s how economic experts say the costs of ...

If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...