President-elect Donald Trump has renewed his calls for the 118th Congress to vote on the debt ceiling before the Biden administration ends on Jan. 20, 2025.
The House on Dec. 20 and the Senate on Dec. 21 avoided addressing the impending debt ceiling limit when passing a stopgap funding package to avert a government shutdown.
In May 2023, President Joe Biden and then-House Speaker Kevin McCarthy (R-Calif.) raised the debt ceiling and suspended it until Jan. 1, 2025. However, extraordinary measures available to the Treasury Department mean Congress could delay any action to suspend or increase the debt ceiling beyond this deadline by several more months.
“They should be blamed for this potential disaster, not the Republicans!” Trump said.
Ahead of the vote on the funding package, Trump called for elected representatives to vote against any funding deal that didn’t address the impending debt ceiling decision—a bid to avoid giving the Democrats any negotiating leverage in the next Congress.
The initial 1,547-page bill failed following a social media firestorm that saw strong opposition from incoming Department of Government Efficiency (DOGE) co-chairs Elon Musk and Vivek Ramaswamy, and then Trump and Vice President-elect JD Vance. Trump said at the time that the bill included passing unacceptable “Democrat giveaways” alongside necessary government funding for up to March 14, 2025.
House Speaker Mike Johnson (R-La.) then presented a scaled-down 116-page funding bill to the House for a vote on Dec. 19, which the chamber overwhelmingly rejected amid opposition by House Minority Leader Hakeem Jeffries (D-N.Y.) and Senate Majority Leader Chuck Schumer (D-N.Y.). Included in the bill was a suspension of the debt ceiling until January 2027 as well as new spending items.
“The extension of the Debt Ceiling by a previous Speaker of the House, a good man and a friend of mine, from this past September of the Biden Administration, to June of the Trump Administration, will go down as one of the dumbest political decisions made in years,” Trump said.
“There was no reason to do it—nothing was gained, and we got nothing for it—A major reason why that Speakership was lost. It was Biden’s problem, not ours. Now it becomes ours.”