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Why Trump suddenly cares about the U.S. debt ceiling

President-elect Donald Trump speaks during a news conference at Mar-a-Lago, Monday, Dec. 16, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci)

As the U.S. Congress scrambled to come up with a spending bill to avoid a government shutdown Friday, U.S. president-elect Donald Trump insisted that a debt ceiling increase be included in any such deal, then went a step further by seeking to suspend or eliminate the debt limit before he takes office. Here’s why.

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