What is the debt ceiling? What has Trump said about the US debt limit? What to know.
The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from Medicare benefits to military salaries, the government needs more money, so the debt ceiling has to be raised.
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Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his ...
The United States is facing a potential economic crisis as it rapidly approaches its debt ceiling limit, with experts ...
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President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...
The notification likely means the debt ceiling fight will happen in the early months of the new Trump administration.
Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected ...
President-elect Trump has thrown a wrench into government funding negotiations with his call to eliminate the debt ceiling ...
For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off until 2027 or 2029 (or even forever). But it was not to be.
In a phone interview with NBC News, Trump said getting rid of the debt ceiling entirely would be the “smartest thing it ...
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
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House Freedom Caucus policy chair Rep. Chip Roy (R-Texas) joins 'Squawk Box' to discuss the fight over the government funding ...
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