Donald Trump floats abolishing debt ceiling altogether
President-elect Donald Trump says he wants the U.S. debt ceiling to be completely repealed, not just raised, as congressional Republicans battle over funding bill intensifies on Capitol Hill ahead of government shutdown deadline said. Eliminating the debt ceiling would be the 'smartest thing to do' [Congress] You can do it. I fully support that.” the […]
Thune not ready to abolish debt limit in government funding bill
Incoming Senate Majority Leader John Thune (R.S.D.) said Thursday that he will add debt limit repeal language to the year-end spending bill so that President-elect Trump does not have to deal with the debt limit after the presidential election. The proposal was not accepted. He was appointed in January. President Trump's decision to oppose the […]
Trump reportedly calls for eliminating debt ceiling amid chaos in Congress over his disapproval of spending deal – live | US politics
President Trump calls for lifting the debt ceiling, further complicating negotiations – Report Just a few hours ago donald trump He rejected a tentative deal in Congress to keep the government funded through the first months of his term and called on lawmakers to raise the country's borrowing limit in a new compromise. Now, the […]
Vance, Speaker Johnson Had ‘Productive Conversation’ over Funding, Debt Negotiations
Vice President-elect J.D. Vance said he had a “productive conversation” with House Speaker Mike Johnson (R-Louisiana) regarding the recently announced government funding bill, Punchbowl News reports. I made it. Melanie Zanona, Senior Congressional Reporter, Punchbowl News reported After leaving Mr Johnson's office, Mr Vance said the two had had a “productive conversation” and were “in […]
U.S. Senator Warns that Chuck Schumer ‘Doesn’t Want to Give Up’ Debt Ceiling Increase to Trump
A U.S. senator told Breitbart News on Wednesday night that President-elect Donald Trump's push to raise the debt ceiling as part of a government funding deal this week “makes sense” from Trump's perspective. also warned that Senate Democratic Leader Chuck Schumer was unlikely to agree. For such a push. The senator, who requested anonymity to […]
I’ll ‘Never’ Support Spending Bill with Debt Limit Increase, Need Disaster, Ag. Spending with Pay-Fors
On Wednesday's broadcast of Bloomberg's “Balance of Power,” Rep. Ralph Norman (R-S.C.) said the spending bill must include disaster relief funding and money for farmers, but that spending It said it must be fully offset by other spending cuts to government programs. The Biden administration said it would support it, but not if disaster relief […]
Lawmakers caught off guard by Trump debt ceiling demand
Lawmakers on both sides of the aisle on Wednesday rejected a sweeping bipartisan plan to avert this week's government shutdown and called for a combination of raising the debt ceiling and a stopgap government funding bill. It seemed like he was caught off guard. President Trump said in one article: joint statement Vice President-elect J.D. […]
Trump: Republicans who back spending bill without debt increase should face primary
President-elect Trump on Wednesday put the debt ceiling issue at the center of efforts to keep the government open, calling on Republican lawmakers to support a continuing resolution that does not include raising the debt ceiling to confront key challenges. President Trump on the same day called on Republicans to approve a clean emergency funding […]
Two new student debt relief programs from Biden barrel towards imminent release
As the Biden administration enters its final stages, two new student debt relief programs face imminent termination as they undergo final reviews before formal implementation. The two programs include a second attempt to provide sweeping student loan forgiveness to millions of borrowers under the Higher Education Act, colloquially known as “Plan B.” There is. This […]
House passes nearly $1 trillion defense spending bill, adding to US debt of $36 trillion
House Veterans: There is bipartisan support for reducing the national debt Rep. Cory Mills, Republican of Florida, and Rep. Seth Moulton, Democrat of Massachusetts, appeared on “Fox News Sunday” to discuss future payments from the United States to Ukraine, military spending and the balance of the national debt, and the Pentagon. We discussed the company's […]