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For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off until 2027 or 2029 (or even forever). But it was not to be.
A debt-ceiling breach has become a political tool — one that Trump is trying to wield for the last time The debt ceiling limits the amount of money the federal government is allowed to borrow to ...
Why is there a debt ceiling? In 1917, when it was financing World War I with Liberty Bonds, Congress instituted a limit on US borrowing and the debt ceiling evolved from there as US debt has grown ...
What does the 14th Amendment have to do with the debt ceiling? As fear grew last year over the failure to reach a deal on raising the debt ceiling last year, the White House was said to be ...
President-elect Trump reiterated his support for abolishing or raising the debt ceiling, after House Republicans failed to advance a continuing resolution that would keep the government funded ...
The last time the debt ceiling was reached, in January 2023, the figure stood at $31.4 trillion. Under a deal reached in June that same year, Congress suspended the debt ceiling until 1 January, 2025.
The debt ceiling and AI regulation are coming into sharp focus for investors this week. Debt ceiling talks, AI hearing, and other top political stories to watch this week [Video] Skip to main content
The debt ceiling, which caps the amount the federal government can borrow, had previously not been on the table during negotiations over a stopgap spending bill before Friday's midnight deadline ...