Senate version of Trump’s budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet
- Posted on June 24, 2025
- By CNBC
- 2 Views
Senate version of Trump’s budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet
Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say it’s unlikely to raise borrowing costs in the short term.
