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In a recent social media post, Trump railed against the state of the debt ceiling and called the deal that put it on the 2025 agenda "one of the dumbest political decisions made in years."
President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he demanded a premature increase to the debt ceiling on “Biden’s watch ...
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.
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...
Trump, whose criticism helped to tank the first iteration of the bill, urged lawmakers to extend the debt ceiling by at least four fiscal… Trump floats extending debt ceiling to 2029 Skip to ...
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.
The public debt Trump will inherit as the 47th president is a completely different problem. The national debt will exceed $36 trillion when he takes office on Jan. 20, up from $20 trillion when he ...
The proposal quickly got support from one of Trump’s most vocal rivals in Congress, Sen. Elizabeth Warren (D-Mass.). “I agree with President-elect Trump that Congress should terminate the debt ...