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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 ...
Trump, in an interview with NBC News, has also endorsed abolishing the limit on federal debt – currently more than $36 trillion – altogether. ... Republicans will want to use the debt ceiling ...
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.
A new debt ceiling was established this week, setting up a debate for the months ahead about averting a government default.. The parameters of that coming standoff are already making Donald Trump ...
President-elect Donald Trump on Wednesday shone a spotlight on the debt ceiling, rejecting a bipartisan government funding deal negotiated by House Speaker Mike Johnson and demanding lawmakers ...
President-elect Donald Trump says he would prefer the US debt ceiling being completely abolished -- not just raised -- as congressional Republicans feud over a funding bill intensifies on Capitol ...
Trump wants Congress to tackle the debt ceiling now so he will not have to deal with it when he is in the White House. One of his first priorities on returning to office will be extending tax cuts ...