Biden on debt ceiling deal to avoid default: "This is vital"
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
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The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
The Senate votes on the bill next.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
McCarthy said Sunday that he had a "productive" call with Mr. Biden as the president returns from the G-7 conference in Japan.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Secretary Janet Yellen told Congress Monday that the Treasury Department has already seen borrowing costs "increase substantially" for securities maturing in early June.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
Here are the options Congress has to avert a first-time U.S. credit default and the severe economic consequences that could follow.
Hitting "Date X" without raising the debt ceiling could lead the U.S. to default on its debt for the first time in its history.
As a default deadline approaches, people across America are watching.
A nonprofit aiming to help Gov. Rick Perry gear up for another presidential run says it will launch a national advertising campaign blasting Washington and promoting GOP governors.
Will the President's second term bring cooperation or confrontation between Democrats and Republicans?
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
A judge denied the man's request to remain in the U.S., leaving the couple to start their life together across the border.
Police say the teen was hospitalized in stable condition after the attack.
Federal prosecutors say the former Sabinal High School coach contacted a 14‑year‑old Florida boy on Snapchat and sent explicit images before his arrest in 2025.
Police say the teacher at Shady Grove Elementary restrained a child for about 10 minutes during nap time.
Federal authorities say a key arrest has been made in connection with a high-profile kidnapping and robbery case tied to Atlanta rapper Gucci Mane.
A judge denied the man's request to remain in the U.S., leaving the couple to start their life together across the border.
Police say the teen was hospitalized in stable condition after the attack.
Federal prosecutors say the former Sabinal High School coach contacted a 14‑year‑old Florida boy on Snapchat and sent explicit images before his arrest in 2025.
Police say the teacher at Shady Grove Elementary restrained a child for about 10 minutes during nap time.
Federal authorities say a key arrest has been made in connection with a high-profile kidnapping and robbery case tied to Atlanta rapper Gucci Mane.
An I-Team investigation found workers' comp issues for first responders are not isolated, raising questions about a system many describe as slow and adversarial.
Since early February, residents of the Big Bend region have been outspoken about border wall plans.
The moratorium does not affect companies already enrolled in Medicare.
The state is already home to nearly 400 data centers, but hundreds more are in the works.
The crash sparked a nearly three‑year I‑Team investigation into Fort Worth police pursuit policies.
The executive order is designed to increase the NCAA's control over college sports, and threatens to remove federal funding for colleges and universities that don't comply with NCAA rules.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
Texas Democrats feel that the 2026 midterms are the best chance to win a statewide election for the first time in over 30 years.
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
Homeland Security is pausing plans to buy new warehouses for immigrant detention as it reviews contracts signed under former secretary Kristi Noem.
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Eagle Mountain-Saginaw ISD said that the decision was made after consultation with Tarrant County Public Health.
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
The executive order is designed to increase the NCAA's control over college sports, and threatens to remove federal funding for colleges and universities that don't comply with NCAA rules.
Mavericks coach Jason Kidd said he learned of the Luka Doncic trade at the "11th hour" while responding to Mark Cuban's criticism of the deal and team sale.
Body camera video has been released of Tiger Woods' arrest, after a car crash in Florida. He has been charged with driving under the influence.
The first game-ending call by a so-called robot umpire gave Albert Suárez his first major league save in nine years, ending the Baltimore Orioles' 8-3 win over the Texas Rangers on Wednesday.
The Boston Bruins helped their playoff push with a 6-3 win over the Dallas Stars on Tuesday night.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
The video, co-directed by Langley, highlights Texas culture through scenes of two-step dancing, live music and rodeo influences tied to the city's Western heritage.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
