Democrats Eye Debt Limit to Block Trump’s Agenda
- Democrats in Congress are considering a showdown over the debt limit to limit President Donald Trump's plans, as the national debt hit the legal limit of $31.4 trillion last week.
- House Minority Leader Hakeem Jeffries rejected the idea of simply raising the debt ceiling under a Republican president, stating that those days need to be over.
- Representative Richard E. Neal emphasized the need to abolish or extend the debt ceiling, calling it ridiculous and suggesting a deadline extension to 2029.
- The Treasury Department has suspended the issuance of debt through March 14, 2025, as the debt ceiling was hit at $36.1 trillion, according to outgoing Treasury Secretary Janet Yellen.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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