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The Republican effort to take the debt ceiling off the table during December's government shutdown standoff was rebuffed by 34 Republicans who ignored both Johnson and Trump and their pleas to ...
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 debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple ...
The debt ceiling had been suspended until January 2 as part of the bipartisan Fiscal Responsibility Act, which Congress approved in June 2023 after months of contentious debate between the GOP-led ...
Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling. Congress has voted 78 times to raise or suspend the debt limit since 1960.
Bill passed after senators rejected 11 proposed amendments
For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.
A debt ceiling bill didn’t even get a majority and failed by a vote of 174-235, even as a follow-up bill passed overwhelmingly once the debt ceiling provision was removed.