It is raised by $1.2 trillion, ensuring the government can pay its bills through the 2012 elections.

BING NEWS:
  • 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 ...
    12/29/2024 - 10:08 pm | View Link
  • Trump attacks 'dumbest' 2023 debt limit extension
    U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will "go down as one of the dumbest political ...
    12/29/2024 - 9:54 am | View Link
  • Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
    Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
    12/27/2024 - 4:28 am | View Link
  • Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands
    Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike Johnson to prevent a government shutdown.
    12/21/2024 - 5:59 am | View Link
  • Trump wants debt ceiling increase. If not, he says let the government shutdown start now
    WASHINGTON (AP) — Hours before the start of a federal government shutdown, President-elect Donald Trump doubled-down Friday on his insistence that a debt ceiling increase be included in any deal — and ...
    12/20/2024 - 3:01 am | View Link
  • More

 

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