Trump, Democrats Weigh Eliminating Need for Debt-Limit Votes

The ‘Gephardt rule’ would automatically raise the borrowing limit after Congress passed a budget resolution

WASHINGTON—President Donald Trump said Thursday he was open to eliminating the need for Congress to hold votes on raising the country’s borrowing limit, after the idea was broached by Democratic leaders in their Oval Office meeting a day earlier.

Senate Minority Leader Chuck Schumer (D., N.Y.) and House Minority Leader Nancy Pelosi (D., Calif.) raised the concept of skipping votes on the debt limit in the future and Mr. Trump was...

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