Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands
3 days ago

Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. WASHINGTON — Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump’s demands for a debt limit increase into the new year. But the day’s outcome was uncertain after Trump doubled down on his insistence that a debt ceiling increase be included in any deal — if not, he said in an early morning post, let the closures “start now.” The House approved Johnson’s new bill overwhelmingly, 366-34. In the Senate, almost all the opposition came from the Republicans — except independent Sen. Bernie Sanders, who said Musk’s interference was “not democracy, that’s oligarchy.” Trump, who has not yet been sworn into office, is showing the power but also the limits of his sway with Congress, as he intervenes and orchestrates affairs from Mar-a-Lago alongside Musk, who is heading up the new Department of Government Efficiency. “Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous Debt Ceiling,” Trump posted — increasing his demand for a new five-year debt limit increase.

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History of this topic

'Waffling and weak': Insiders say Trump is furious with Mike Johnson — and mulling his end
3 hours, 27 minutes ago

'Waffling and weak': Insiders say Trump is furious with Mike Johnson — and mulling his end

Raw Story  

Speaker Mike Johnson has fallen out of favor with Donald Trump who is now considering throwing him overboard in favor of a new leader of the House, insiders close to the president-elect told Politico Monday. And, in the end, he was unimpressed with the entire chaotic process, which left the incoming administration questioning whether Johnson is capable of managing an …

Shutdown crisis reveals challenges for Speaker Johnson's leadership
Trending News
1 day, 15 hours ago

Shutdown crisis reveals challenges for Speaker Johnson's leadership

India Today  

WASHINGTON: One of the most turbulent sessions of Congress in the modern era is about to make way for the next one. “Ultimately, and let’s be honest, that’s going to be — a large portion of that — will be up to Donald J. Trump.” And yet, Johnson was able to buy time, convincing Trump he would meet the president-elect’s …

Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval
1 day, 23 hours ago

Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval

Associated Press  

WASHINGTON — President Joe Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the package. That’s good news for the American people.” House Speaker Mike Johnson, R-La., had insisted …

US House Of Representatives Passes Legislation To Prevent Government Shutdown
Trending News
2 days, 7 hours ago

US House Of Representatives Passes Legislation To Prevent Government Shutdown

ABP News  

The Republican-controlled US House of Representatives passed legislation to prevent a midnight government shutdown on Friday, defying President-elect Donald Trump's call to approve trillions of dollars in new debt. Majority Leader Chuck Schumer posted on X that he is “confident” the Senate will vote to avert a shutdown and hopes “to get it passed as soon as possible.” The legislation …

US: House approves funding bill hours before govt shutdown deadline
2 days, 12 hours ago

US: House approves funding bill hours before govt shutdown deadline

Deccan Chronicle  

Hours to go before a midnight government shutdown, the House approved a new plan late Friday from Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump's demands for a debt limit increase into the new year.Johnson insisted Congress would "meet our obligations" and not allow federal operations to shutter ahead of the …

Biden signs bill that averts government shutdown after days of upheaval
2 days, 15 hours ago

Biden signs bill that averts government shutdown after days of upheaval

LA Times  

The Capitol is pictured in Washington on Friday. President Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the package. That’s good news for the American people.” House Speaker …

Joe Biden signs bills to avert shutdown, ending days of political turmoil in Washington
2 days, 15 hours ago

Joe Biden signs bills to avert shutdown, ending days of political turmoil in Washington

India Today  

President Joe Biden on Saturday signed legislation that averts a government shutdown heading into Christmas, bringing a final close to days of upheaval in Washington after Congress passed a bipartisan budget plan just past the deadline and rejected Donald Trump’s core demand in the negotiations. House Speaker Mike Johnson, R-La., had insisted lawmakers would “meet our obligations” and not allow …

House approves funding bill, sends to Senate hours before government shutdown deadline
2 days, 15 hours ago

House approves funding bill, sends to Senate hours before government shutdown deadline

New Indian Express  

The new 118-page package would fund the government at current levels through March and adds $100 billion in disaster aid and $10 billion in agricultural assistance to farmers. The federal debt limit expires Jan. 1, and Trump doesn't want the first months of his new administration saddled with tough negotiations in Congress to lift the nation's borrowing capacity. “Congress must …

'First make-or-break moment': Allies fear 'disaster is around the corner' for Trump
3 days ago

'First make-or-break moment': Allies fear 'disaster is around the corner' for Trump

Raw Story  

As the Friday night deadline draws closer, the United States appears to be heading for a federal government shutdown. "After the Trump-blessed continuing resolution and debt ceiling package failed yesterday with an embarrassingly high 38 House Republicans voting against the proposal," Bade reports, "House Speaker Mike Johnson spent last night wracking his brain for a 'Plan C' to fund the …

'Very strange': GOP lawmakers question 'completely avoidable' failure of spending bill
3 days, 1 hour ago

'Very strange': GOP lawmakers question 'completely avoidable' failure of spending bill

Raw Story  

Republicans were stunned when Elon Musk, with Donald Trump's help, successfully torpedoed a stopgap government funding bill that House speaker Mike Johnson had brokered. “This was completely avoidable.” Trump and Johnson discussed the funding bill in a private box at last weekend's Army-Navy football game, and Trump told the speaker he wanted a full-year spending bill with the debt limit …

House rejects Trump-backed plan on government shutdown, leaving next steps uncertain
3 days, 5 hours ago

House rejects Trump-backed plan on government shutdown, leaving next steps uncertain

Deccan Chronicle  

Washington: A day before a potential government shutdown, the House resoundingly rejected President-elect Donald Trump’s new plan Thursday to fund operations and suspend the debt ceiling, as Democrats and dozens of Republicans refused to accommodate his sudden demands. In a hastily convened evening vote punctuated by angry outbursts over the self-made crisis, the lawmakers failed to reach the two-thirds threshold …

Trump just handed Democrats an 'enticing' policy offer — and they should take it: analyst
3 days, 13 hours ago

Trump just handed Democrats an 'enticing' policy offer — and they should take it: analyst

Raw Story  

President-elect Donald Trump is demanding as part of the spending package the GOP is trying to force through that the debt ceiling be extended — or possibly abolished altogether, which Democrats have broadly rejected as a ploy to allow new tax breaks for billionaires. But not so fast, columnist Heather Long wrote for The Washington Post — Trump's proposal is …

Donald Trump-backed spending deal to avert government shutdown fails in US House
Trending News
3 days, 15 hours ago

Donald Trump-backed spending deal to avert government shutdown fails in US House

India Today  

A spending bill backed by Donald Trump failed in the US House of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel. Trump had pressured lawmakers to tie up loose ends before he takes office on Jan. 20, but members of the …

Last-minute budget bill to prevent US government shutdown prevails in House
3 days, 15 hours ago

Last-minute budget bill to prevent US government shutdown prevails in House

Al Jazeera  

The bill now goes to the Senate where it is expected to pass with only hours remaining before an expected shutdown. “We are really grateful that tonight, in bipartisan fashion with overwhelming majority of votes, we passed the American Relief Act of 2025,” Mike Johnson, the House speaker, said in a news conference after the vote. But this week, President-elect …

US Congress debates last-minute spending bill to avert government shutdown
3 days, 15 hours ago

US Congress debates last-minute spending bill to avert government shutdown

Al Jazeera  

Nonessential government functions are expected to shutter on Saturday unless a government spending bill can be passed. “If there is going to be a shutdown of government, let it begin now, under the Biden Administration, not after January 20th, under ‘TRUMP’,” the president-elect said on Friday in a social media post. “If Republicans try to pass a clean Continuing Resolution …

Government funding bill clears Congress and heads to Biden, averting a shutdown
3 days, 15 hours ago

Government funding bill clears Congress and heads to Biden, averting a shutdown

LA Times  

“If there is going to be a shutdown of government, let it begin now,” President-elect Donald Trump posted on social media. Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump’s demands for a debt limit increase into the new …

Democrats bail out Johnson, pass bill that could avert government shutdown
3 days, 15 hours ago

Democrats bail out Johnson, pass bill that could avert government shutdown

Salon  

The House of Representatives voted to keep the government afloat until mid-March on Friday evening after GOP infighting brought the country within hours of a lapse in federal funding. Embattled House Speaker Mike Johnson turned to Democrats after a number of his colleagues signaled an unwillingness to tweak the debt ceiling or approve more spending. “I think he certainly is …

House GOP floats new plans to prevent government shutdown with just hours to go
3 days, 15 hours ago

House GOP floats new plans to prevent government shutdown with just hours to go

New Indian Express  

WASHINGTON: Veering toward a midnight Friday government shutdown, House Speaker Mike Johnson is proposing a new plan that would temporarily fund federal operations and disaster aid, but punts President-elect Donald Trump demands for a debt limit increase into the new year. House Republicans are meeting behind closed doors on next steps after Trump doubled-down on his insistence that a debt …

Dozens of Senate Republicans may oppose Trump's top demand: GOP senator
3 days, 17 hours ago

Dozens of Senate Republicans may oppose Trump's top demand: GOP senator

Raw Story  

President-elect Donald Trump has made either significantly raising the debt ceiling or eliminating it all together his top demand in the current standoff over government funding. Indeed, the MAGA leader touted Thursday that he struck a new deal with House Republicans on a spending bill that would punt the debt ceiling for two years. As Raju wrote on X, Sen. …

What to know about the debt ceiling debate as a government shutdown looms in Washington
3 days, 19 hours ago

What to know about the debt ceiling debate as a government shutdown looms in Washington

Associated Press  

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. The debt ceiling, or debt limit, is the total amount of money that the United States government can borrow to meet its existing legal obligations. When he rejected the spending proposal on Wednesday, …

'It'll be a Biden shutdown': Trump tries to shift blame ahead of a potential disaster
3 days, 22 hours ago

'It'll be a Biden shutdown': Trump tries to shift blame ahead of a potential disaster

Raw Story  

President-elect Donald Trump on Wednesday helped to blow up a bipartisan deal to keep the federal government open, and he's already trying to shift the blame. In an interview with ABC News' Jonathan Karl, Trump reiterated his warning that any government funding package needed to either significantly raise the debt ceiling or even abolish it completely. Republican-led government shutdowns during …

House rejects Trump-backed plan on government shutdown, leaving next steps uncertain
3 days, 23 hours ago

House rejects Trump-backed plan on government shutdown, leaving next steps uncertain

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. WASHINGTON — A day before a potential government shutdown, the House resoundingly rejected President-elect Donald Trump’s new plan to fund operations and suspend the debt ceiling, as Democrats and dozens of Republicans refused to accommodate his sudden demands. “That’s exactly what they’re going to get.” For Johnson, …

Looming government shutdown a 'terrifying preview' of Trump and DOGE
4 days, 3 hours ago

Looming government shutdown a 'terrifying preview' of Trump and DOGE

Raw Story  

U.S. President Trump and his allies, including billionaires Elon Musk and Vivek Ramaswamy, are blowing up bipartisan efforts to prevent a government shutdown that could begin this weekend with statements opposing a proposed stopgap measure. White House Press Secretary Karine Jean-Pierre said in a Wednesday statement that "Republicans need to stop playing politics with this bipartisan agreement or they will …

US funding plan collapses as Trump makes demands days before shutdown
Top News
4 days, 15 hours ago

US funding plan collapses as Trump makes demands days before shutdown

India Today  

WASHINGTON: President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a Christmastime government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — days before a deadline when federal funding runs out. Jeffries said “an agreement is an agreement,” and by backing out of it “the House Republicans “will now own any harm that is …

Like old times: Trump sends Congress scrambling to avoid a shutdown
4 days, 15 hours ago

Like old times: Trump sends Congress scrambling to avoid a shutdown

NPR  

Like old times: Trump sends Congress scrambling to avoid a shutdown toggle caption Brandon Bell/Getty Images President-elect Donald Trump hasn't been sworn in yet but he's already running Washington again in his familiar style of upheaval and intraparty drama, starting with the decision to kill a bipartisan spending bill without a strategy to avoid a government shutdown. Trump and his …

Trump was gliding into his inauguration. Now he’s facing a big mess.
4 days, 15 hours ago

Trump was gliding into his inauguration. Now he’s facing a big mess.

Politico  

Two shocks to the system this week have cast Washington into chaos as Republicans scramble to avoid a self-created looming government shutdown and weather a market slide at the peak of the holiday season. “As soon as President Trump released his official stance on the CR, Republicans on Capitol Hill echoed his point of view,” incoming White House Press Secretary …

Democrats dodge a debt ceiling deal
4 days, 15 hours ago

Democrats dodge a debt ceiling deal

Politico  

“Let’s get rid of the debt limit. As much as Democrats would love to disarm this particular legislative time bomb, they’re not in any mood to negotiate with Republicans after Trump and billionaire ally Elon Musk sabotaged the prior deal to keep the government open and provide billions in disaster and farm relief. Rep. Brad Schneider, the incoming chair of …

Musk and Trump put House GOP in a bind
4 days, 15 hours ago

Musk and Trump put House GOP in a bind

Politico  

But then Trump and Vice President-elect JD Vance dumped gasoline on the fire. And we should pass a streamlined spending bill that doesn’t give Chuck Schumer and the Democrats everything they want.” The request for a debt ceiling hike blindsided many on Capitol Hill. Johnson’s not wrong about that: Even before Trump made his debt ceiling demand, some conservatives were …

Trump intervened to sink US debt ceiling bill. What happens next?
4 days, 15 hours ago

Trump intervened to sink US debt ceiling bill. What happens next?

Al Jazeera  

The president-elect’s late intervention to sink the bipartisan bill leaves lawmakers scrambling to reach an agreement. After scuppering the bipartisan spending bill, Trump threw his support behind a hastily assembled spending package that included a two-year suspension of the debt ceiling at his urging. In an interview with NBC News earlier on Thursday, Trump said that getting rid of the …

Trump and Vance bemoan Dem 'giveaways' in funding bill — and beg GOP to call their 'bluff'
4 days, 15 hours ago

Trump and Vance bemoan Dem 'giveaways' in funding bill — and beg GOP to call their 'bluff'

Raw Story  

President-elect Donald Trump and his incoming vice president bemoaned "democrat giveaways" on Wednesday in trying to explain why they helped torpedo a stopgap funding bill that would avert a government shutdown just before the holidays. But Trump and key ally Elon Musk came out against House Speaker Mike Johnson's funding bill on Wednesday, throwing the entire process into chaos two …

Trump attempts to kill bipartisan budget deal with Musk's help
4 days, 16 hours ago

Trump attempts to kill bipartisan budget deal with Musk's help

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. AP AUDIO: Trump brings chaos back to Washington by attempting to kill bipartisan budget deal with Musk’s help AP Washington correspondent Sagar Meghani reports President-elect Donald Trump has sunk a deal to keep the government funded days before a shutdown deadline. “The people who elected us are …

Congress strikes last-minute funding deal to avert government shutdown
5 days, 4 hours ago

Congress strikes last-minute funding deal to avert government shutdown

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The last-minute legislation, unveiled on Tuesday night in Capitol Hill, includes $100 billion in …

"Call their bluff": Trump, Vance urge GOP lawmakers to vote down emergency government funding bill
5 days, 15 hours ago

"Call their bluff": Trump, Vance urge GOP lawmakers to vote down emergency government funding bill

Salon  

President-elect Donald Trump is urging members of his party to vote down a resolution that would fund the federal government into March. In a joint statement with Vice President-elect JD Vance shared by Vance on social media, the incoming executives said that Republican legislators should "call bluff" of congressional Democrats and push for a new resolution that doesn't include spending …

MAGA Republican calls for monthlong government shutdown until Trump takes office
2 weeks, 2 days ago

MAGA Republican calls for monthlong government shutdown until Trump takes office

Raw Story  

Rep. Andy Biggs argued in a column for the conservative Washington Examiner that Congress should let the federal government shut down for a month and just wait for President-elect Donald Trump to take office. The only exception is that Congress periodically crams all of the programs and bills into a single entity called 'omnibus' legislation for the purpose of raising …

How Trump plans to seize the power of the purse from Congress
3 weeks, 6 days ago

How Trump plans to seize the power of the purse from Congress

Raw Story  

ProPublica is a Pulitzer Prize-winning investigative newsroom. “The president doesn’t have the authority to go into the budget bit by bit and pull out the stuff he doesn’t like.” Trump’s claim to have impoundment power contravenes a Nixon-era law that forbids presidents from blocking spending over policy disagreements as well as a string of federal court rulings that prevent presidents …

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation
4 weeks, 1 day ago

The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation

Associated Press  

WASHINGTON — Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. In his statement …

Inflation, debt, default: Donald Trump’s second term poses massive economic challenges
1 month, 2 weeks ago

Inflation, debt, default: Donald Trump’s second term poses massive economic challenges

Live Mint  

As Donald Trump begins his second term, several key challenges lie ahead. The growing debt burden has already affected investor confidence, sending U.S. government bond yields higher as market participants worry about the long-term sustainability of U.S. fiscal policy. Previous debt ceiling standoffs have pushed the U.S. close to default, and there is concern that the political divide in Washington …

'Trump is pressuring GOP to shut down the government at the end of this month': report
3 months, 2 weeks ago

'Trump is pressuring GOP to shut down the government at the end of this month': report

Raw Story  

Former President Donald Trump is reportedly pushing to make the nightmare that House Speaker Mike Johnson has worked to avoid come true. NBC News reports that "Donald Trump is pressuring Republicans to shut down the government at the end of this month if Congress doesn’t pass a GOP-backed proposal to establish new election rules nationwide." Given that Democrats control both …

The Trump economy: Slower growth, higher prices and a bigger national debt
5 months, 1 week ago

The Trump economy: Slower growth, higher prices and a bigger national debt

Al Jazeera  

Plans to hike tariffs, tighten immigration and cut taxes are likely to crimp growth and fuel inflation, experts say. “A tariff increase covering nearly all goods imports, as Trump recently proposed, goes far beyond any previous action,” Moody’s Analytics said in its report. “There are three main tenets of Trump’s campaign, and they all point in the same inflationary direction,” …

Key GOP economic talking point destroyed by new analysis
5 months, 4 weeks ago

Key GOP economic talking point destroyed by new analysis

Raw Story  

National debt has for decades been a go-to issue Republicans try to use to persuade voters against supporting social programs — an issue that has crept back to the forefront with new reports that annual interest payments serving the national debt now exceed what the U.S. spends on its military. According to the report, former President Donald Trump's contribution to …

$10 trillion in added debt shows 'Bush and Trump tax cuts broke our modern tax structure'
1 year, 2 months ago

$10 trillion in added debt shows 'Bush and Trump tax cuts broke our modern tax structure'

Raw Story  

The U.S. Treasury Department on Friday released new figures related to the 2023 budget that showed a troubling drop in the nation's tax revenue compared to GDP — a measure which fell to 16.5% despite a growing economy — and an annual deficit increase that essentially doubled from the previous year. In response to the Treasury figures released Friday, Kogan …

GOP accused of breaking debt ceiling deal and 'threatening a government shutdown'
1 year, 6 months ago

GOP accused of breaking debt ceiling deal and 'threatening a government shutdown'

Raw Story  

The top Democrat on the House Appropriations Committee accused her Republican colleagues on Thursday of increasing the likelihood of a government shutdown by approving spending numbers below the levels set under the bipartisan debt ceiling agreement, which hasn't even been law for two weeks. In an appearance on CNN, Rep. Rosa DeLauro said House Republicans have already "walked away from …

Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
1 year, 6 months ago

Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

Associated Press  

WASHINGTON — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt. Instead of holding a public ceremony with lawmakers from both parties — showcasing the bipartisanship that Biden had cited in an Oval Office address on Friday evening — the president …

Biden signs debt ceiling bill, pulling US from brink of default
1 year, 6 months ago

Biden signs debt ceiling bill, pulling US from brink of default

Al Jazeera  

With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling, averting an economically disastrous default on the federal government’s debt. “We’re protecting important priorities from Social Security to Medicare to Medicaid to veterans to our transformational investments in infrastructure and clean energy.” Even as he pledged to continue working with Republicans, Biden …

5 Takeaways From The Debt Ceiling Drama
1 year, 6 months ago

5 Takeaways From The Debt Ceiling Drama

Huff Post  

LOADING ERROR LOADING WASHINGTON ― President Joe Biden will sign the Fiscal Responsibility Act into law on Saturday, capping weeks of congressional drama with a surprisingly dull end to a standoff that risked a worldwide economic catastrophe. Both sides kept their word.” The painstaking negotiations that drove headlines in Washington for months revealed several things about Republicans, Democrats and Biden’s …

America’s debt-ceiling deal means it should now avoid Armageddon
1 year, 6 months ago

America’s debt-ceiling deal means it should now avoid Armageddon

Hindustan Times  

Even in a sharply divided Washington, DC, politics-as-usual sometimes works. The consequences of a debt default, the first in America’s modern history, would be dire: the shock from disruption in the biggest sovereign-debt market, accounting for about one-third of the global total and underpinning pricing in financial markets everywhere, threatened to reverberate through every economy around the world. The gravity …

US debt limit deal: How we got here
1 year, 6 months ago

US debt limit deal: How we got here

Al Jazeera  

Bipartisan deal to raise debt ceiling and avoid ‘disastrous’ default heads to US Congress after weeks-long impasse. The agreement negotiated by Biden and Republican House Speaker Kevin McCarthy would suspend the debt ceiling for two years and cap government spending during the same period. In April, McCarthy put forward a bill to raise the debt ceiling that would advance key …

Debt Limit deal explained: How will it impact US economy, polls and people
1 year, 6 months ago

Debt Limit deal explained: How will it impact US economy, polls and people

Hindustan Times  

The recent agreement between President Joe Biden and House Republicans regarding the debt limit and spending has sparked discussions and debates. Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a deal to raise the nation's debt ceiling while trying to ensure enough Republican and Democratic votes to pass the measure in the coming week. Non-defense Spending …

US debt ceiling deal: the key takeaways
1 year, 6 months ago

US debt ceiling deal: the key takeaways

Raw Story  

President Joe Biden and House Republicans have reached a deal to raise the government's debt ceiling and avert a devastating default. The crux of it Formally known as the Fiscal Responsibility Act of 2023, the bill provides for an increase to the debt ceiling of $31.4 trillion for two years, meaning Biden will crucially not need to negotiate it again …

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