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  2. What is the debt ceiling? What has Trump said about the US ...

    www.aol.com/news/debt-ceiling-trump-said-us...

    The current debt limit suspension ends on January 1, 2025. The agreement allows a few extra months for the Treasury Department to use what's known as “extraordinary measures” to keep the ...

  3. Donald Trump rejects bipartisan plan to avoid a government ...

    www.aol.com/donald-trump-rejects-bipartisan-plan...

    The current debt limit suspension ends on January 1, 2025. The agreement allows a few extra months for the Treasury Department to use “extraordinary measures” to pay the bills. Democratic ...

  4. Hardline Republicans reject Trump's debt ceiling demand ... - AOL

    www.aol.com/news/hardline-republicans-reject...

    Some 38 House of Representatives Republicans voted against a debt ceiling bill Trump demanded, showing the limits of his grip on the party, a month before he takes office on Jan. 20.

  5. 2023 United States debt-ceiling crisis - Wikipedia

    en.wikipedia.org/wiki/2023_United_States_debt...

    The United States debt ceiling is a legislative limit that determines how much debt the Treasury Department may incur. [23] It was introduced in 1917, when Congress voted to give Treasury the right to issue bonds for financing America participating in World War I, [24] rather than issuing them for individual projects, as had been the case in the past.

  6. United States debt ceiling - Wikipedia

    en.wikipedia.org/wiki/United_States_debt_ceiling

    In the United States, the debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may pay by borrowing more money, on the debt it already borrowed. The debt ceiling is an aggregate figure that applies to gross debt, which ...

  7. What to know about the $31T U.S. debt ceiling as default ...

    www.aol.com/news/know-31t-u-debt-ceiling...

    The current debt ceiling for the U.S is roughly $31 trillion. Because the federal government almost always runs a budget deficit — $421B for FY 2023 — it usually has to borrow quite a bit of ...

  8. Debt ceiling news - live: Senate passes debt limit deal bill ...

    www.aol.com/debt-ceiling-news-live-house...

    Bill passed after senators rejected 11 proposed amendments

  9. Debt ceiling deal: What's in, what's out of the bill to avert ...

    www.aol.com/news/debt-ceiling-deal-whats-whats...

    The details of the deal between President Joe Biden and House Speaker Kevin McCarthy were released Sunday in the form of a 99-page bill that would suspend the nation's debt limit through 2025 to ...