Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...

President-elect Donald Trump said Tuesday he wanted to see the country’s debt limit addressed while cutting spending.

President-elect Donald Trump said during a wide-ranging press conference at Mar-a-Lago he would not rule out military force ...

President-elect Donald Trump again raised the idea of the United States taking over Greenland and the Panama Canal as he ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing ...

Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks unless there's a sudden resolution.

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out ...

The debt limit fight arose in mid-December after President-elect Donald Trump demanded at the eleventh hour that Republicans ...

Ron Johnson said he will not vote for Trump's plan to eliminate the debt limit, but will "negotiate in terms of how far" to ...

Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.

Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump ...

Get the latest news on the transition to the new administration of President-elect Donald Trump and the new Congress.