As the U.S. nears the debt ceiling, the Treasury Department has begun deploying so-called extraordinary measures. WSJ’s Jon Hilsenrath explains what those measures are and how they help the country ...

A bipartisan group of lawmakers drafted a debt ceiling proposal that would help the country avoid defaulting on its loans and would act as a backup plan if House Republicans and President Joe Biden ...

Senate Republicans are raising grave doubts about House Republicans’ plan to raise the debt ceiling as part of a massive tax cuts and border spending bill, a dynamic that could lead to a protracted ...