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Al Jazeera
Al Jazeera
Politics

Trump intervened to sink US debt ceiling bill. What happens next?

House Speaker Mike Johnson takes questions from reporters at the Capitol in Washington, DC on Tuesday, December 17, 2024 [J Scott Applewhite/AP]

The United States Congress has until Friday at midnight to pass a bill raising the country’s borrowing limit, also known as the debt ceiling, without which large sections of the government could stop operating.

A bill that would have extended the deadline until March 14, prepared by both Democrats and Republicans, was scuttled after President-elect Donald Trump announced his opposition on Wednesday, following an effort by billionaire ally Elon Musk to raise opposition.

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