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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.
Why Trump wants to raise it. The debt ceiling was suspended in 2023 through Jan. 1, 2025, and extraordinary measures are expected to buy Congress and Trump a few more months until a potential ...
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 ...
The roadblock for Trump is how closely the debt ceiling issue is likely to become intertwined with other issues on his early agenda, which range from border measures to energy policy to tax cuts.
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 ...
President-elect Trump put his support on Thursday behind Congress eliminating the debt ceiling as part of its efforts to fund the U.S. government.
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.. President-elect Donald Trump is demanding that GOP ...
If they want to get rid of it, I would lead the charge. It doesn’t mean anything, except psychologically,” Trump, 78, said of the debt ceiling, which controls how much the federal government ...