India, Nov. 4 -- The US debt limit could become a major issue in Washington in 2027, potentially setting up a political standoff between the Donald Trump administration and Democrats. In an exclusive interview with HT.com, Andrew Lautz, Senior Director of Federal Policy at the Tax Foundation, said the US is likely to reach its debt limit sometime in 2027.

If Democrats control Congress at that point, they could use negotiations over raising the limit to push for changes to Republican policies, the tax expert opined.

Lautz said the US is likely to reach its debt limit sometime in 2027. Congress will then have to agree to raise or suspend the limit to allow the government to continue borrowing.

The debt limit is the legal cap on how much ...