Every couple of years, Congress and the White House do a little dance — a debt ceiling dance. Congress has to vote to raise or suspend the ceiling on the total amount of debt the government can run up ...

The term "debt limit" makes a mockery of any kind of responsible budgeting. Each time the government reaches the "limit," it gets raised with the familiar scenarios that include threats of a ...

SHANGHAI — However grim Washington’s debt and deficit negotiations may seem to Americans, the impasse is nearly as disturbing for China. As the United States’ biggest foreign creditor — holding an ...

Get ready for a little déjà vu from Washington. The federal government hit the debt ceiling, now set at a whopping $16.8 trillion. Yes, again. It’s like the Bill Murray movie “Groundhog Day” -- only ...

The debate around the US debt ceiling is back again. While our base case is that Congress eventually will increase the debt ceiling, as it has in every past episode, we expect that process to be ...

Futures in the United States and Europe are trading cautiously higher as I write this article, with traders remaining concerned about the continuing U.S. debt limit turmoil. The truth about the debt ...