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Will the U.S. debt ceiling be suspended or raised by January 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Legislative records or announcements from the U.S. Treasury or major news outlets
Story
House Fails to Pass Trump-Backed Funding Bill as 38 Republicans Vote No, Shutdown Looms
Dec 20, 2024, 12:02 AM
On December 19, 2024, the U.S. House of Representatives failed to pass a Trump-backed Continuing Resolution (CR) intended to avert a government shutdown and suspend the debt ceiling. The bill required a two-thirds majority but fell short with a vote count of 174-235-1. Notably, 38 Republicans, despite endorsements from President-elect Donald Trump and Speaker Mike Johnson, voted against the bill. The failure leaves Congress with no clear plan to prevent a shutdown set to begin at midnight on December 20.
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Yes • 50%
No • 50%
Raised • 50%
Suspended • 50%
Unchanged • 50%
Permanent abolition • 25%
Temporary extension • 25%
Compromise with new conditions • 25%
Unresolved • 25%
Signs into law • 33%
Vetoes • 33%
No action • 34%
Yes • 50%
No • 50%
Abolished • 25%
Extended • 25%
Unchanged • 25%
Other • 25%
Debt ceiling increased • 25%
Debt ceiling remains unchanged • 25%
Temporary extension • 25%
No resolution • 25%
Debt ceiling abolished • 25%
Debt ceiling extended • 25%
Debt ceiling unchanged • 25%
Other legislative solution • 25%