Newsweek on Nostr: Donald Trump Wants to 'Lead the Charge' on Getting Rid of Debt Ceiling ========== ...

Donald Trump Wants to 'Lead the Charge' on Getting Rid of Debt Ceiling
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President-elect Donald Trump calls for the elimination of the federal debt ceiling, describing it as 'the smartest thing' Congress could do; Trump's remarks come as Congress faces a government funding deadline; He argues the debt ceiling serves no practical purpose and poses risks to the economy; The last suspension of the debt ceiling was in June 2023, with a new deadline set for January 1, 2025; Trump's stance marks a shift from his previous term, where he raised the debt ceiling three times; He rejects a bipartisan spending plan and suggests using the debt ceiling as leverage; Trump's ally Elon Musk criticizes the proposed bipartisan agreement; Democrats like Brendan Boyle and Dick Durbin express cautious optimism about Trump's call; The government funding deadline is 12:01 a.m. Saturday, December 21, 2024.

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https://www.newsweek.com/donald-trump-wants-lead-charge-getting-rid-debt-ceiling-2003529