The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown.

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Plus, the details of House Republicans’ new plan to avoid a government shutdown.

Months before many officials in Washington — and investors in the bond market — anticipated, the federal debt ceiling has re-entered political discourse, after President-elect Donald Trump said Dec. 19 that he’d back getting rid of the cap entirely, more than a century after its creation. The limit has long been a tool of political leverage for the party in opposition, because of the dire consequences of any failure to either suspend or increase it.

House Republicans say they’ve reached a deal to avert a US government shutdown, with a vote on a new package planned for Thursday after President-elect Donald Trump pressured GOP lawmakers to abandon an earlier bipartisan agreement.

It’s the holiday season in America, but there’s precious little festive cheer if you work in the US Government.

The closed-door talks between the speaker and Trump’s team, including incoming Vice President JD Vance, are still ongoing and the plans could change. Other options are also being discussed.

In a phone interview with NBC News, Trump said getting rid of the debt ceiling entirely would be the “smartest thing [Congress] could do. I would support that entirely.”

With a month to go before he returns to the White House, Donald Trump is shaking up Washington again, trashing House Speaker Mike Johnson’s plan for a deal to avoid a government shutdown before the holidays.

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After Elon Musk used an old Jonas Brothers meme to celebrate Tesla’s skyrocketing growth, Nick Jonas endorsed him with a shoutout on X.

President-elect Donald J. Trump has never been shy about his desire to see his enemies punished. But he often shows a measure of caution about taking credit for potential prosecutions himself.