[U.S. $41.1 Trillion Debt Ceiling Approaching, Congress Faces 'Lame Duck' Political Gamble] According to a report by Jinse Finance, the total U.S. debt is expected to surpass the statutory ceiling of $41.1 trillion by 2027, with the results of the November midterm elections becoming a critical variable. Last week, Trump proposed that if Republicans win the midterm elections, a $5,000 dividend would be distributed to every American, a move criticized for potentially accelerating the breach of the debt ceiling. Some Republicans are considering resolving the debt ceiling issue during the 'lame duck' session after the elections to prevent Democrats from using it as a political bargaining chip if they regain control of both chambers. However, fiscal conservatives within the Republican Party strongly oppose this, with representatives like Chip Roy demanding significant spending cuts as a condition for agreeing to raise the ceiling. House Speaker Johnson holds only a slim majority, allowing for at most three defections, while the Senate would require surpassing the 60-vote threshold. On the Democratic side, if victorious, they are expected to use the debt ceiling as a key leverage point against the White House. A similar standoff in 2023 nearly pushed the U.S. to the brink of default, leading Fitch to downgrade the U.S. credit rating from AAA to AA+. (Jin10)