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Trump Advocates For Abolishing Debt Ceiling

19/12 22:37

According to Odaily, U.S. President-elect Donald Trump has called for the abolition of the debt ceiling, a day after opposing a congressional agreement to fund the government before a potential shutdown. In a phone interview with NBC News, Trump described the complete removal of the debt ceiling as "the wisest thing Congress could do," expressing his full support for such a move. He stated, "Democrats say they want to get rid of it. If they want to get rid of it, I will lead the charge." Trump argued that the debt ceiling is a meaningless concept, and no one knows for certain what would happen if it were ever breached—whether it would result in a disaster or prove inconsequential. He emphasized that no one should desire to find out the answer, adding, "It makes no sense, except psychologically." Trump's comments reflect ongoing debates about the necessity and impact of the debt ceiling, as lawmakers consider its implications for fiscal policy and government operations.

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