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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
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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