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Trump, debt ceiling and Congress

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.

CNN on MSN · 2d

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.

Washington Examiner on MSN · 2d

Trump says Congress should abolish the debt ceiling. These are the pros and cons

Eliminating the federal debt ceiling, as President-elect Donald Trump advocated Thursday, would please Democrats and many budget experts, many of whom have long said that it serves no purpose and only invites chaos.

3d

What to Know About the Debt Ceiling Debate at the Center of the Government Shutdown Saga

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...

1d

Donald Trump loses debt ceiling war as government avoids shutdown, Biden signs relief bill into law

Congress narrowly averted a government shutdown with the passage of a stopgap funding bill shortly after midnight on Saturday ...

2d

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 ...

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