Congress, instead of specifying a dollar amount, should set the debt limit at 132 percent of GDP and ratchet it down from there each fiscal year.

Senate Republicans voted to progress President Donald Trump's request to cancel $9 billion in previously approved spending on Tuesday, despite concerns. View on euronews ...

The Senate could vote as soon as Wednesday on a so-called rescissions package, significantly impacting public media funding and foreign aid programs.

WASHINGTON (AP) — Senate Republicans on Tuesday advanced President Donald Trump’s request to cancel some $9 billion in previously approved spending, overcoming concerns from some<a class ...

The Senate could vote as soon as Wednesday on a so-called rescissions package, significantly impacting public media funding and foreign aid programs.

The Senate could vote as soon as Wednesday on a so-called rescissions package, significantly impacting public media funding and foreign aid programs.