debt ceiling

RANCHO MIRAGE, Calif. (AP) — President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore benefits that…

WASHINGTON — In a concession to President Barack Obama and Democratic lawmakers, House Speaker John Boehner (pictured) said Tuesday the House will vote to increase…

What went wrong for Republicans in their recent showdown with the president and Democrats over the debt ceiling and funding the government? “We picked the…

Roland Martin talks with Al Jazeera America’s Ali Velshi about the government shutdown and the debt ceiling.

Mellody Hobson explains the debt ceiling in today’s “Money Mondays” segment. Let’s start at the beginning. A common misperception is that the debt ceiling is the amount of money the government owes, and that raising the ceiling means increasing the federal debt. The federal debt is what it is…$16.76 trillion as of September 30th, according […]

The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including…

WASHINGTON (AP) — President Barack Obama has signed into law a bill raising the government’s borrowing limit, averting a default and delaying the next clash over the nation’s debt until later this year. The legislation temporarily suspends the $16.4 trillion limit on federal borrowing. Experts say that will allow the government to borrow about $450 […]