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 ...

Washington — The House voted late Wednesday to approve legislation to suspend the debt ceiling and limit government spending, sending the measure to the Senate in a strong bipartisan vote that allayed ...

Senate Majority Leader Chuck Schumer, D-N.Y., on Monday rejected the House-passed bill to raise the debt ceiling and trim federal spending, and said Senate Democrats would hold a series of hearings on ...

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 ...