The debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple majority ...

The House’s passage of a debt limit deal Wednesday night marks the end of a pivotal chapter for the new House GOP majority, putting Congress on a path to avoid a default and securing a huge victory ...

Leaders in the Senate have said they want to act quickly to OK the legislation. The House on Wednesday night approved a bill to raise the nation's debt ceiling while cutting some government spending ...

House Republicans narrowly passed a bill to raise the nation's debt ceiling by $1.5 trillion while at the same time imposing an array of spending cuts to the federal budget. CBS News congressional ...

(CNN) -- The House of Representatives approved an extension of the nation's debt limit through early December after the Senate passed the stopgap measure last week in a bid to avert a catastrophic ...

President Joe Biden and House Speaker Kevin McCarthy (R-CA) have agreed to meet over the debt ceiling, but the White House says it isn’t changing its stance. The two leaders have agreed to meet on May ...

House Democrats have taken their first procedural steps to try to force a House vote on a clean debt ceiling increase, multiple Democratic leadership aides tell CBS News, a long-shot effort that is ...