PoliticalUnited States·4 Nov 2026
Democrats consider potential debt-ceiling negotiation strategy
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Following a Democratic electoral sweep, Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries faced a potential confrontation regarding the U.S. debt limit, which is expected to be reached by midsummer 2027. With the Treasury’s borrowing capacity set at $41.1 trillion and a federal deficit of $1.99 trillion, the new Democratic…
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