Trump, debt ceiling

Trump says extension of the debt ceiling will 'go down as one of the dumbest political decisions made in years'
U.S. President-elect Donald Trump said the extension of the debt ceiling will "go down as one of the dumbest political decisions made in years," referring to a 2023 budget deal struck by then-House Speaker Kevin McCarthy and President Joe Biden.
What is the debt ceiling? Here's why Trump wants Congress to abolish it before he takes office
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling.
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.
Trump will test the extent of his power over congressional Republicans after failing to raise the debt ceiling
Donald Trump offered his full support for House Speaker Mike Johnson.Johnson is hoping to be reelected as House speaker on Friday.Trump's endorsement may quell a growing frustration about Johnson's leadership.
Trump would abolish the debt ceiling. Here’s what’s going on
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” rather than his own.
Trump blasts GOP, McCarthy over debt ceiling
President-elect Trump on Sunday harshly criticized the House GOP, and former Speaker Kevin McCarthy (R-Calif.), for voting to raise the debt ceiling in 2023 through Jan. 1, 2025. Trump in a post on Truth Social called McCarthy “a good man and a friend of mine,
5 things to know about Trump’s call to scrap debt ceiling
President-elect Trump has thrown a wrench into government funding negotiations with his call to eliminate the debt ceiling just days before a potential shutdown. Republican lawmakers are
Trump calls for abolishing the debt ceiling
In a phone interview with NBC News, Trump said getting rid of the debt ceiling entirely would be the “smartest thing it [Congress] could do. I would support that entirely.”
Trump on collision course with conservatives over debt limit
President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to federal spending that will significantly complicate Trump’s ability to pass his agenda next year.
Trump Wants New GOP Majority to Plunge Into Debt Ceiling Fight
Donald Trump wants Congress to eliminate the debt ceiling before he takes office so that voters don't realize that he will increase the debt. However, it seems unlikely that he will get his wish. Trum
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The debt ceiling is back on the table for 2025. Here's what happens next.
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.
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Why the debt fight is going to get even worse next year
It’s going to be a huge challenge for Republicans to raise the debt ceiling on their own. In exchange for increasing it by $1.5 trillion, House GOP leaders have told conservatives they’ll look ...
What to know about debt ceiling debate as a government shutdown looms
The debt ceiling, or debt limit, is the total amount of money that the United States government can borrow to meet its ...
What is the debt ceiling? Does California have a debt ceiling? What to know.
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
'Gross mistake' for Congress to lift or suspend debt ceiling prior to Trump: AAF's Joel Griffith
Kitty Richards, former Treasury Department official in the Biden administration, and Joel Griffith, Advancing American ...
Janet Yellen tells Congress US could hit debt limit in mid-January
"Treasury expects to hit the statutory debt ceiling between January 14 and January 23," Yellen wrote in a letter addressed to ...
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
Former World Bank President David Malpass on debt ceiling showdown
David Malpass, former World Bank president, joins 'Squawk Box' to discuss why he believes the recent Capitol Hill spending ...