The Latest Breaking News from Kevin McCarthy

Speaker Kevin McCarthy said key decisions could be made by the two parties’ chief debt limit negotiators when they meet on Monday evening.

Republicans like Marjorie Taylor Greene and nihilists like Trump are more committed to gaining power than to cutting the government debt

President Joe Biden and Speaker Kevin McCarthy plan to meet Monday afternoon to discuss how to raise the debt limit after a weekend of negotiations by proxies left each side accusing the other of throwing up new roadblocks to a deal.

South Carolina senator makes speech referencing work and immigration as he announces campaign to run for Republican nomination in 2024 race

Debt ceiling talks between the White House and Congress as the stock market plunges and the oil prices increases.

The U.S. government's cash reserves are dwindling, and soon the Treasury will have to flood the market with over half a trillion dollars in new IOUs.

With less than two weeks to go before a potential debt default.

US President Joe Biden is meeting with Republican House Speaker Kevin McCarthy this Monday, resuming talks on raising the government's borrowing limit. Washington has until June 1 to reach a deal before the government runs out of money to pay its bills, which would send shockwaves through the US economy…

The two leaders met in person Monday at the White House after a "productive" phone call on Sunday about the debt ceiling. The U.S. could run out of money to pay its bills as early as June 1.

Sunday night phone call between president and Republican House speaker reported to have struck a more positive tone. Plus, how solar farms took over the California desert

For a brief moment last week, it was possible to imagine that President Joe Biden and House Speaker Kevin McCarthy had found a patch of common ground in their standoff over the federal debt ceiling.