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Trump says Congress must discard or extend debt ceiling to 2029 as shutdown looms"Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous Debt Ceiling. Without this, we should never make a deal," Trump said in a post on Truth Social.
Reuters
Last Updated IST
<div class="paragraphs"><p>US President-elect Donald Trump.</p></div>

US President-elect Donald Trump.

Credit: Reuters Photo

US President-elect Donald Trump on Friday said that Congress must scrap the debt ceiling, or extend it to 2029.

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"Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous Debt Ceiling. Without this, we should never make a deal," Trump said in a post on Truth Social.

On Thursday, a spending bill backed by Trump failed in the US House of Representatives 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.

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(Published 20 December 2024, 13:29 IST)