President Donald Trump hosted an unusually long meeting with House Republicans at the White House on Thursday.

The Congressional Budget Office says it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.

A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges.

A bill to create a bipartisan commission that would tackle the nation’s soaring debt and make policy recommendations to Congress has won approval from a House committee.

House Republicans have narrowly passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending.

House Republicans are pushing their debt ceiling package toward a vote.