The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt limit increase. Historically, debt ceiling ...

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make Trump's 2017 tax ...

This is stated during the 5th round of African Media Initiative organized by African Forum on Debt and Development (AFRODAD) and African Monitor last week in Johannesburg, South Africa bringing ...

Such a bill would be historically unprecedented in its fiscal irresponsibility, adding several times more debt than any reconciliation package or other recent piece of legislation. In a recent ...

The budget resolution also sets the stage for the House to raise the debt limit by $4 trillion and the Senate to lift it by not more than $5 trillion in the reconciliation package. Senate Budget ...