Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

If the U.S. defaults on its debt, the government would fail to meet its financial obligations to bondholders. This would trigger widespread economic disruption. While the U.S. has never fully ...

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 ...

We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...

The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S ...

Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's ...

Senate Republicans are backing a budget package that would raise the debt ceiling by $5 trillion, the largest increase in U.S. history, raising questions about its economic impact. The proposal is ...