US Republican lawmakers are considering a plan to use the last few weeks before the end of the current congressional term to quickly raise the US debt ceiling, so that even if the Democratic Party gains a majority in Congress, it will lose a powerful bargaining chip to influence Donald Trump's administration. The success of this operation will also eliminate one of the less likely but potentially disruptive risks facing global financial markets, as the US federal government's borrowing power is expected to run out in the second half of 2027. If the Republican Party loses its majority in the House or Senate in the November 3 election, then there could be a fierce confrontation between Trump and the Democratic Party, or even worse, where the US defaulted on payments. According to estimates from the Bipartisan Policy Center, this risk will rise in the second half of 2027.

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