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For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off until 2027 or 2029 (or even forever). But it was not to be.

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The president-elect has also called on lawmakers to raise the debt ceiling – or get rid of it – as they race to avoid a shutdown over the holidays. Getting rid of the country's debt limit ...

The president-elect has also called on lawmakers to raise the debt ceiling – or get rid of it – as they race to avoid a shutdown over the holidays. Getting rid of the country's debt limit ...

Home Alone star Daniel Stern has had a major career change (Picture: Moviestore/REX/Shutterstock) Fans are shocked to learn that Marv Murchins from the Home Alone ...

But the incoming president and vice president also added a new, significant wrinkle to negotiations when they urged Congress to raise or abolish the debt ceiling now, instead of next year.