Why Trump is pushing hard to defuse the debt ceiling now and what it would mean for America
President-elect Donald Trump called on Congress to raise or eliminate the debt ceiling.
Anna Moneymaker/Getty Images
- President-elect Donald Trump has called on Congress to raise or eliminate the debt ceiling.
- He said doing so before he takes office would put the onus on outgoing President Joe Biden and avoid a fight early in his term.
- Going over the debt ceiling could lead to a default and deep recession.
The debt ceiling is the unexpected debate in Washington...
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