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Approval of debt ceiling increase by Dec 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official US Congressional records or major news outlets
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Trump Backs GOP Plan for Three Months Funding, $100.4 Billion Disaster Aid, and Debt Ceiling Increase
Dec 19, 2024, 09:46 PM
President-elect Donald Trump has endorsed a new Republican plan to fund the government and increase the debt ceiling, urging Congress to pass it swiftly to avoid a looming government shutdown. The plan, which emerged after intense negotiations, would extend government funding for three months, include $100.4 billion in disaster relief for hurricane-affected states, and allow more borrowing until January 30, 2027. Trump praised House Speaker Mike Johnson for the deal, but the next steps remain uncertain, particularly regarding Democratic support. The urgency of the situation is heightened as federal funding is set to expire at midnight on Friday, December 20, 2024.
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