The Big Beautiful Bill




 by Chappy Gypsy

I am not defending Trump and yes there are things that need to be looked at in his budget, however, for everyone complaining that the Big Beautiful Bill will raise the debt ceiling. what you don't understand is Biden suspended the Debt Ceiling in 2023, allowing unlimited spending, and reinstated the 36.1 trillion dollar debt ceiling on January 2, 2025 to hinder Trump. I would suggest you do a little research, the Debt ceiling was already exceeded when Trump took office. The Biden administration pulled some real underhanded politics deliberately throwing a roadblock in front of Trump.  

 The debt limit—commonly called the debt ceiling—is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased or suspended over the years to allow for the additional borrowing needed to finance the government’s operations.


On June 3, 2023, lawmakers suspended the debt limit through January 1, 2025.1 On January 2, 2025, that limit was reinstated at $36.1 trillion—the amount of debt outstanding on the previous day. At that time, a scheduled redemption of securities held by a Medicare trust fund lowered outstanding debt by $54 billion, giving the Treasury room for additional borrowing. That redemption forestalled the beginning of a “debt issuance suspension period” until January 21, 2025.2 During such a period, the Treasury can pause investments in the Civil Service Retirement and Disability Fund (CSRDF) and the Postal Service Retiree Health Benefits Fund (PSRHBF) to free up room to borrow additional funds without breaching the debt ceiling. In addition, other well-established “extraordinary measures” are available to the Treasury to supplement cash balances and finance ongoing government operations.



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