Akayla Gardner

Talks are centering around a debt limit increase that would run for two years, according to a person familiar.

Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter, as time grows short to avert a catastrophic US default.

Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter, as time grows short to avert a catastrophic US default.

President Joe Biden said that he was hopeful negotiators on a debt ceiling agreement would know by Friday night whether they have a deal.

President Joe Biden and House Speaker Kevin McCarthy voiced confidence that their tentative debt-ceiling deal will pass Congress and reach the president’s desk for signature, averting a historic US default.

(Bloomberg) -- President Joe Biden and House Speaker Kevin McCarthy expressed confidence that their debt-ceiling deal will pass Congress, averting a historic US default while setting a course for federal spending until after the 2024 election.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US Defa

Shalanda Young found herself last week in a roomful of hand-picked peacemakers at the highest-stakes juncture of her career — and arguably of her boss’s legacy.

President Joe Biden is seizing on the debt limit deal he negotiated as an opening argument for reelection, though he faces a tough sell with voters who are skeptical of his performance in office.

WASHINGTON — President Joe Biden is seizing on the debt limit deal he negotiated as an opening argument for reelection, though he faces a tough sell with voters who are

Cornel West unexpectedly announced Monday he is running for president as the candidate for a left-wing, populist third-party.