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Home World USA

Donald Trump floats abolishing debt ceiling altogether as federal funding fight with GOP intensifies

19 December 2024
in USA
0
Donald Trump floats abolishing debt ceiling altogether as federal funding fight with GOP intensifies
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President-elect Donald Trump expressed his preference for abolishing the US debt ceiling, not just raising it, as tensions rise in Congress over funding bill negotiations ahead of a government shutdown deadline. He suggested that eliminating the debt ceiling would be the most prudent move, garnering support from Senator Elizabeth Warren. Trump and Vice President-elect JD Vance’s push for raising the debt ceiling led to a halt in the funding bill process, with House Speaker Mike Johnson facing backlash and calls for his resignation.

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Tags: AbolishingaltogetherceilingDebtDonaldfederalfightfloatsFundingGOPintensifiesTrump
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