Yesterday at 8:40 AM | Dollar

Trump and Senate Republicans haven't settled on solution to US debt ceiling problem

Trump and Senate Republicans haven't settled on solution to US debt ceiling problem

US President Donald Trump and representatives of the Republican Party in the Senate are still working to find a solution to the problem of the US national debt approaching the legally mandated limit. 

On Thursday, several senators, including Majority Leader John Thune and Finance Committee Chairman Mike Crapo, debated the advisability of raising the national debt ceiling as part of this year's fiscal and budget measures. Most analysts cited by Bloomberg believe that the United States is on track to default on its payment obligations sometime this summer if the ceiling remains unchanged. However, no decision has been made, Thune said.

The House of Representatives has decided to raise the debt ceiling as part of its tax proposal using a mechanism that would require support only from Republicans. But Thune expressed his desire to address the national debt ceiling as a separate issue and with the official support of Democrats.

Elena Berseneva MarketCheese
Period: 21.03.2025 Expectation: 1400 pips
GBPUSD is poised for a pullback towards the trend line
Yesterday at 11:02 AM 62
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 26.03.2025 Expectation: 670 pips
Brent prices may rebound amid trade instability
Yesterday at 09:54 AM 55
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segments "Currencies", "Crypto" and "Oil and gas"
Period: 31.12.2025 Expectation: 1000 pips
Buying Brent in case of price reduction to $60–65 per barrel
Yesterday at 08:48 AM 29
Period: 21.03.2025 Expectation: 544 pips
AUDCAD may rise to 0.91242 due to worsening situation in Canada
Yesterday at 08:32 AM 19
Period: 18.03.2025 Expectation: 2640 pips
Buying USDJPY within descending channel targets of 150.10
13 March 2025 97
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Indices" and "Metals"
2nd in the segments "Currencies" and "Oil and gas"
Period: 20.03.2025 Expectation: 494 pips
Gas prices fall amid warm weather forecasts
13 March 2025 45
Go to forecasts