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mazagon dock shipbuilders limited (mazdock) ✌️【Investment Advice】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Reaching the cap ramps up pressure on congressional Republicans, but lawmakers have a little time before they must act to avoid a first-ever default, which would likely cause global economic upheaval. The extraordinary measures, which are mainly behind-the-scenes accounting maneuvers, will continue through March 14, Yellen wrote.

mazagon dock shipbuilders limited (mazdock) ✌️【Investment Advice】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. Although Republicans control Capitol Hill, they remain divided over how to address thedebt ceiling. They have several major agenda items they want to push through Congress along party lines, including border security, energy and tax cuts, possibly in one package or two. Plus, lawmakers still must pass a government funding bill for fiscal year 2025, which began October 1. (Atemporary spending measureexpires on March 14.)

mazagon dock shipbuilders limited (mazdock) ✌️【Investment Advice】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. A bill to increase or suspend the debt ceiling could be included in one of these packages, though addressing the cap has been a bipartisan effort in recent years.

House Speaker Mike Johnson is already running up againstresistancefrom some of his fiscally conservative members, who want to decrease the debt, not increase it. His super-slim majority will make it even more difficult for him to find a compromise — and he may need Democratic support in order to pass an increase to the limit.

mazagon dock shipbuilders limited (mazdock) ✌️【Investment Advice】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The issue has already brought to light fissures within the party. In December, Trump demanded that lawmakers address the limit as part of a temporary spending bill. However, the GOP-led package, which included suspending the cap into January 2027,failedamid opposition that included a significant number of Republicans.

GOP leaders in the House in December floated an idea to raise the debt limit by $1.5 trillion as part of a first reconciliation package in 2025. The legislation would also include $2.5 trillion in cuts to net mandatory spending, aimed at satisfying conservative members. But that would buy the caucus only limited time before they face the cap again, experts said.

mazagon dock shipbuilders limited (mazdock) ✌️【Investment Advice】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. The debt ceiling had been suspended until January 2 as part of the bipartisan Fiscal Responsibility Act, which Congress approved in June 2023 after months of contentious debate between the GOP-led House and Democrats who controlled the Senate and White House. Thecapat the time was $31.4 trillion.

In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled redemption of certain securities, Yellen told Congress in late December. At the time, she forecast the cap would be reached between January 14 and January 23.

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