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

At the center of a looming government shutdown is a debate over the debt ceiling, with President-elect Donald Trump demanding it be addressed in funding legislation to avert a crisis. Republicans included a provision to suspend the debt ceiling for two years in a failed government funding proposal, leaving next steps uncertain. Failure to raise the debt limit could lead to default, with Trump urging action before he takes office and Speaker Mike Johnson facing pressure to act decisively. Democrats reject bailing out Republicans and insist on honoring previous spending agreements negotiated before Trump’s involvement.

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