The plan follows a $5 trillion increase in 2025 that raised the total ceiling to $41 trillion. Senate Republican Leader John Thune has indicated that extending the limit through the end of President Donald Trump's term would eliminate a primary bargaining chip for Democrats, though some Republicans demand spending cuts. Congress also faces a Dec. 11 deadline for federal government funding.
Tuesday, October 20, 2026
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Republicans Propose $4 Trillion Debt Limit Increase Using Budget Reconciliation
US Politics19 days ago
The U.S. House Budget Committee is exploring ways to lift the national borrowing cap during the lame-duck session to address spending needs before 2027. House Budget Chair Jodey Arrington has proposed a roughly $4 trillion increase and suggested utilizing budget reconciliation to pass the measure without votes from Democrats. This strategy aims to prevent the minority party from using the debt ceiling to extract policy concessions if Republicans lose control of Congress in November.
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