WASHINGTON — Senate Minority Leader Mitch McConnell said Republicans won't support a debt limit hike, drawing fierce backlash from Democrats who accused him of plotting to sabotage the economy. The ...

With time running short and the danger of a national default growing, Democrats are hoping an unlikely savior will come to the rescue: Senate Republican Leader Mitch McConnell (Ky.). Democratic ...

Senate Republicans say any plan to raise the debt ceiling will need to originate in the House, leaving negotiations to Speaker Kevin McCarthy (R-CA) as he faces a push by his right flank to demand ...

WASHINGTON (AP) — The Biden administration has been enlisting one emissary after another to convince Senate Republican leader Mitch McConnell to help raise the federal debt limit. It’s not working.

A number of declared and prospective Republican presidential candidates are voicing opposition to a debt ceiling deal that House Speaker Kevin McCarthy (R-Calif.) struck with President Biden this ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...