The US is currently set to hit the federal debt ceiling once again next year.
Historically, raising the debt ceiling was a fairly uncontroversial move taken by Congress every couple years as needed.
Before the midterms, Republicans were already suggesting that they would use the upcoming debt ceiling fight to push for spending cuts, according to the Washington Post.
They could repeal the debt ceiling outright, although that is unlikely given Biden and other prominent Democrats like Sen. Bernie Sanders have ruled that out.
If one wanted to be patriotic, the new debt ceiling could be $7.41776, commemorating the date of the signing of the Declaration of Independence.