Latest in Trump floats extending debt ceiling to 2029
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US House passes funding proposal without Trump’s demand to raise debt limit
After Trump and Musk scuttled prior bipartisan deal, Republicans denied Trump-backed package. The US government could shut down. Here’s what to know US politics – live updates The US House ...The Guardian - 34m -
G.O.P. Spending Hawks Defy Trump on the Debt Limit, Previewing More Clashes
President-elect Donald J. Trump is known for his tight grip on members of his party, but the rare rejection of his demand to raise the debt limit reflected a disconnect that could plague his policy ...The New York Times - 59m -
The Republicans Who Defied Trump on the Spending and Debt Deal
The rebels are largely the most conservative lawmakers who are passionate about slashing spending and debt. They hail from deep-red districts where a primary challenge is less of a danger.The New York Times - 3h -
What is the debt ceiling? Inside Trump's unprecedented demand to eliminate it
Among the measures being debated by Congress to avert a government shutdown is increasing the debt ceiling — or eliminating it entirely.NBC News - 4h -
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Trump Tossed a Debt Limit Grenade Into Spending Talks. Here’s Why.
President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term.The New York Times - 23h -
Democrats dodge a debt ceiling deal
After years of decrying GOP hostage-taking, they're balking at Donald Trump's request for a clean increase to the borrowing limit.Politico - 1d -
House GOP eyes plan C that cuts Trump debt ceiling demand
House Republicans are eyeing a new spending proposal that would tee up votes on three separate measures: to fund the government, appropriate disaster relief and allocate farm assistance, three ...The Hill - 7h -
Trump floats extending debt ceiling to 2029
President-elect Trump reiterated his support for abolishing or raising the debt ceiling, after House Republicans failed to advance a continuing resolution that would keep the government funded past ...The Hill - 11h -
Trump throws debt limit into shutdown fight
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Why Trump wants the debt limit off his plate President-elect Trump's recent ...The Hill - 1d -
Dems say 'hell no' to GOP plan B on government funding, debt ceiling
House Democrats are rallying in overwhelming opposition to the Republicans' second stab at a government funding bill, vowing to sink it on the House floor and force GOP leaders back to the table to ...The Hill - 1d -
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 already ...The Hill - 1d -
Trump wants debt ceiling raised or scrapped in new government funding bill
President-elect Donald Trump is calling on Republicans to either raise or abolish the debt ceiling in a new spending bill to keep the government funded. CBS News political correspondent Caitlin ...CBS News - 1d -
Why Trump wants Congress to abolish the debt ceiling
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.CBS News - 1d -
Trump shakes up spending talks with call to eliminate debt ceiling
President-elect Donald Trump Trump said lawmakers should oppose any sweeping spending measure that includes "traps" and abolish the debt limit before he takes office next year.CBS News - 1d -
Trump threatens shutdown unless debt limit demand met
President-elect Donald Trump took credit for killing the government funding bill and said there will be a shutdown unless Congress takes action on the debt limit.ABC News - 1d -
Jeffries dismisses Trump debt ceiling demand: ‘Hard pass’
House Minority Leader Hakeem Jeffries (D-N.Y.) dismissed President-elect Trump’s demand to increase the debt ceiling, saying he was a “hard pass” on the idea. “GOP extremists want House Democrats ...The Hill - 1d -
Elizabeth Warren backs Trump call to eliminate debt ceiling
Sen. Elizabeth Warren (D-Mass.) on Thursday supported President-elect Trump’s pressure on lawmakers to eliminate the debt ceiling. “I agree with President-elect Trump that Congress should terminate ...The Hill - 1d -
Trump says Congress should eliminate the debt ceiling
NBC News’ Garrett Haake spoke to President-elect Trump about his opposition to a government funding deal in Congress to avoid a shutdown. Trump also said Congress should abolish the debt ceiling, ...NBC News - 1d -
Trump calls for abolishing the debt ceiling
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he came out against a deal reached by congressional lawmakers to fund the government before ...NBC News - 1d -
Trump says US should get rid of debt ceiling
President-elect Trump said Thursday he would support abolishing the debt ceiling as he pushed the issue to the center of government spending talks with just days to avert a shutdown. Trump told NBC ...The Hill - 1d -
Rand Paul floats Elon Musk for speaker
Sen. Rand Paul (R-Ky.) suggested that Elon Musk serve as House Speaker in a Thursday post on X following contentious debates over the continuing resolution (CR). “The Speaker of the House need not ...The Hill - 1d -
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Lawmakers caught off guard by Trump debt ceiling demand
Lawmakers on both sides of the aisle appeared caught off guard on Wednesday as President-elect Trump demanded that a debt ceiling hike be paired with a stopgap government funding bill, rejecting a ...The Hill - 1d -
Trump: Republicans who back spending bill without debt increase should face primary
President-elect Trump on Wednesday said any Republican lawmaker who backs a continuing resolution without including an increase to the debt limit should face a primary challenge, placing the issue ...The Hill - 1d -
Top GOP appropriator 'surprised' by Trump debt ceiling demand: 'Don't know his rationale'
Sen. Susan Collins (R-Maine) said Wednesday evening that she was taken aback by President-elect Trump's demand that the stopgap spending bill be used to increase the debt ceiling. Collins, the top ...The Hill - 2d -
Trump, Vance call for clean CR, debt ceiling hike, urge GOP to sink Johnson compromise
President-elect Trump and Vice President-elect Vance on Wednesday called for Republicans to approve a clean stopgap funding bill paired with a hike to the debt ceiling, saying the previous ...The Hill - 2d -
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FirstFT: Dollar set to extend Trump rally, says Wall Street
Also in today’s newsletter, Argentina emerges from recession and how US money managers are challenging European peersFinancial Times - 3d -
Trump allies float extreme ideas, including Trump third term, at gala
Radical suggestions come from Steve Bannon and indicate most polarizing proposals will be up for consideration. Donald Trump ’s allies have become increasingly emboldened to float their most ...The Guardian - 4d -
Trump leans on extended family for key White House roles
President-elect Trump’s extended family will fill his inner circle during his second term while his immediate family members step back from formal roles, a change in dynamics from his first ...The Hill - 5d -
Here's what Trump's plans to extend his tax cuts could mean for you
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.CBS News - Dec. 13 -
Republicans clash over 'SALT' deduction as they seek to extend Trump's tax law
Some House Republicans are demanding an increase to SALT deduction in order to support an extension of President-elect Donald Trump's tax law next year.NBC News - Dec. 12 -
The India IPO party floats into 2025
In this newsletter’s first edition, the CFA’s decline and advice from Uday KotakFinancial Times - Dec. 10 -
Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - Dec. 5 -
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Dismissal of Trump’s criminal cases does not prevent future prosecutions in 2029
Both cases involve dismissals “without prejudice,” an important legal distinction.The Hill - Dec. 5 -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - Dec. 3