Republican Sen. Markwayne Mullin of Oklahoma said on Thursday that Senate Majority Leader Chuck Schumer used the debt limit as leverage against the Trump-endorsed plan. During an appearance on ...

Kudos to the Times of Israel for publishing yesterday's speech by U.S. Senate Majority ... And we should all be grateful to Chuck Schumer for starkly setting forth the binary options before ...

That's why the government's debt pile exceeds $31 trillion. The debt ceiling was introduced in 1917 to encourage the government to slow its borrowing. Reaching the limit forces one of two outcomes.