What is the US debt ceiling?

Trump called for the elimination of the debt ceiling on Thursday. Here’s what to know about the statutory limitDonald Trump abruptly rejected a bipartisan plan to prevent a government shutdown before the Friday deadline and called for the outright elimination of the debt ceiling.The US is one of the few countries with a statutory limit on how much debt the federal government can accumulate. Continue reading...

Dec 19, 2024 - 20:30
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Trump called for the elimination of the debt ceiling on Thursday. Here’s what to know about the statutory limit

Donald Trump abruptly rejected a bipartisan plan to prevent a government shutdown before the Friday deadline and called for the outright elimination of the debt ceiling.

The US is one of the few countries with a statutory limit on how much debt the federal government can accumulate. Continue reading...

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