WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

Note: A version of this episode first ran in 2023. Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the ...

The bond market wasn’t alarmed when President Donald Trump’s tax and spending bill struggled to pass the Senate—and it isn’t going to be alarmed if there’s a hang-up at the House—even though the ...

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 ...

Legislation was introduced in the U.S. Senate last month that would raise the federal deposit insurance limit on non-interest-bearing transaction bank accounts from $250,000 to $10 million that's a ...