14 March 2025 | 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
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
Yesterday at 08:04 AM 20
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
Yesterday at 08:04 AM 15
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
17 September 2026 30
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
16 September 2026 37
Brent sell
Period: 15.10.2026 Expectation: 800 pips
Brent crude sell-off targets $95.80
16 September 2026 29
Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
15 September 2026 53
Go to forecasts