Summary

Donald Trump called for abolishing the debt ceiling, labeling it a “psychological” concept with no real purpose.

He criticized a bipartisan short-term funding deal, calling it a “Democrat trap,” and signaled support for legislation to permanently end the debt ceiling.

Trump had previously raised the ceiling during his first term and floated its elimination. Some Democrats, including Sen. Elizabeth Warren, echoed support, citing the need to end “governing by hostage taking.”

Trump’s stance reflects concerns over upcoming legislative challenges in his second term.

  • just_another_person@lemmy.world
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    3 days ago

    What do you think is better or worse for China and Russia?:

    1. The US government stopping all work for a period of time until the debt reconciliation is handled in law?

    2. The US Government absolutely stopping ALL work because Trump wants to suddenly be self-sufficient?

    3. The US Dollar losing it’s stance as the global stable currency?

    4. The US absolutely crumbling when everything just stops.

    Which fucking option are you not super clear about being on the table right now?