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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. It was the ...
Republicans will want to use the debt ceiling in the future. ... a group of 17 Democrats led by Sen. Brian Schatz of Hawaii re-introduced a bill to permanently repeal the debt ceiling.
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 ...
The US last dealt with a debt ceiling crisis in early 2023, when it hit its $31.4 trillion debt limit. After months of contentious negotiations between the GOP-led House and the Democrats who ...
House Republicans passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for ...
When asked by a reporter Thursday evening whether Republicans would make another attempt on Friday to pass a bill that suspends the debt limit, Scalise said they were "looking at some other ...
Voting to raise the debt ceiling is a nonstarter among many House GOP hard-liners, and Democrats are refusing to lend Republicans a hand despite deep skepticism of the debt limit in their own party.
The bill approved by the House on Wednesday would suspend the debt limit - essentially meaning that it no longer applies - through Jan. 1, 2025. That sets the stage for another showdown in the ...