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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 ...
The debt ceiling was one of the sticking points Trump used to scrap a bipartisan deal to keep the government funded through March. Now he's revisiting a much-used political tool.
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is ...
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 ...
Paul hailed the defeat of Trump’s plan to raise the debt limit as part of a stopgap government funding measure. He said it shows the leverage fiscal hawks will have over the White House next year.
But Trump's call to suspend limits on borrowing -- at a time the federal government's debt exceeds $36 trillion -- runs against long-voiced Republican concerns about fiscal profligacy in Washington.
President-elect Trump harshly criticized the House GOP and former Speaker Kevin McCarthy (R-Calif.) on Sunday for a 2023 vote to raise the debt ceiling through Jan. 1, 2025. Trump in a post on ...
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 ...