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What will be the primary reason cited by Congress for their decision on the debt ceiling before Jan 20, 2025?
2
Resolution / Starting Odds
Economic stability concerns • 25%
Political pressure from Trump • 25%
Lack of consensus • 25%
Other • 25%
Congressional records, public statements from leading Congress members, or official reports
Story
Trump Criticizes McCarthy's Debt Deal, Demands Congress Address Debt Ceiling Before Inauguration
Dec 29, 2024, 11:18 PM
President-elect Donald Trump has criticized former House Speaker Kevin McCarthy for his decision to extend the debt ceiling into Trump's upcoming administration, calling it "one of the dumbest political decisions made in years." Trump stated that "NOTHING was gained—it was Biden’s problem, not ours," emphasizing that the extension shifted the debt ceiling issue from Biden's term to his own. He suggested that this political misstep contributed to McCarthy losing the speakership. Trump has demanded that Congress address the debt ceiling before he takes office on January 20th, arguing that failing to do so could lead to severe financial consequences for the country. He also acknowledged that current House Speaker Mike Johnson appears to be doing a very good job and urged action to prevent the Democrats from causing a potential economic crisis.
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Fail to pass any extension • 25%
Pass a long-term extension • 25%
Pass a short-term extension • 25%
Other legislative solution • 25%
Bipartisan effort • 25%
No resolution by deadline • 25%
Democrats • 25%
Republicans • 25%
Debt Ceiling Issues • 25%
Democratic Opposition • 25%
Republican Dissent • 25%
Other • 25%
Bipartisan effort • 34%
Democratic Party • 33%
Republican Party • 33%
Unresolved • 25%
Permanent abolition • 25%
Temporary extension • 25%
Compromise with new conditions • 25%
Extended to 2029 • 25%
Extended with a different date • 25%
No change • 25%
Abolished • 25%
Economic considerations • 25%
Other • 25%
Public pressure • 25%
Cost of living adjustment • 25%
Debt ceiling abolished • 25%
Other outcome • 25%
Debt ceiling unchanged • 25%
Debt ceiling raised • 25%
Republicans support, Democrats oppose • 25%
Democrats support, Republicans oppose • 25%
Both support abolition • 25%
Both oppose abolition • 25%
Suspended • 25%
Abolished • 25%
Increased • 25%
Unchanged • 25%
