President Joe Biden averted an economic catastrophe just days before the US was set to default on its debts.

In pursuit of an agreement, the Biden team was willing to give Republicans victories on political talking points. But in the ...

With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling. That averts an ...

The White House announced the signing, done in private at the White House, in an emailed statement in which Biden thanked ...

The Treasury Department had warned that the country would start running short of cash to pay all of its bills on Monday, a ...

A frantic and acrimonious month of talks between GOP lawmakers and White House aides averted default — with little lasting ...

The statement came hours after Mr Biden hailed the bipartisan agreement hatched with House Speaker Kevin McCarthy during a ...

President Biden said the debt ceiling deal negotiated with House Republicans and Speaker Kevin McCarthy protects key ...

The signing, after months of acrimony, prevents a government default that many economists said would be catastrophic to the ...

President Biden has signed a debt limit increase into law, averting a potential default on the national debt by allowing ...

The president commended House Speaker Kevin McCarthy on the bipartisan agreement in his first address to the nation from the ...

President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, ending for now the threat of economic ...