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President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he demanded a premature increase to the debt ceiling on “Biden’s watch ...
In a recent social media post, Trump railed against the state of the debt ceiling and called the deal that put it on the 2025 agenda "one of the dumbest political decisions made in years."
President-elect Donald Trump has called on Congress to raise or eliminate the debt ceiling. He said doing so before his term would put the onus on Joe Biden and let him avoid an early fight.
President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to federal spending that will significantly complicate Trump’s ability ...
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is ...
Despite Trump's suggestion, economic experts have said they agree that breaching the debt ceiling would certainly lead to economic chaos. PHOTO: The U.S Capitol is seen on Capitol Hill in ...
Trump's call to get rid of the debt ceiling isn't the first time the idea has been floated in Washington. In fact, some Democrats have supported getting rid of it recently.
President-elect Trump said Thursday he would support abolishing the debt ceiling as he pushed the issue to the center of government spending talks with just days to avert a shutdown. Trump told ...