US Republicans Consider Raising Debt Ceiling to Avoid Debt Default During Trump's Term

According to Politico, US Republicans raised the debt ceiling by $5 trillion last year and are currently considering how to avoid a debt default during Trump's presidency. White House officials privately proposed to raise the US debt ceiling of $41.1 trillion in the spending plan passed before the November midterm elections. This move aims to avoid high-risk negotiations with the Democratic Party to address the current national debt of nearly $39.7 trillion.