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Trump calls for bipartisan congressional action to eliminate the debt limit
- On May 30, 2024, President Donald Trump publicly supported Senator Elizabeth Warren's call to eliminate the federal debt limit to avoid economic disaster.
- Trump and Warren reached this rare alignment due to their mutual concern that the debt limit process risks causing a severe economic catastrophe by allowing political manipulation.
- Trump emphasized a desire to pass a bipartisan bill quickly, endorsing Warren's plan to scrap the debt limit and expressing support for her opposition to a proposed $4 trillion debt increase tied to billionaire tax breaks.
- Trump expressed strong support for eliminating the debt ceiling altogether to avoid a financial crisis and urged both Republicans and Democrats to come together promptly to take action on the matter.
- The joint stance signals potential momentum for bipartisan action to remove the debt ceiling, though some lawmakers, like Rep. Dan Newhouse, caution that eliminating it could reduce fiscal accountability in Congress.
29 Articles
29 Articles
Trump, Massachusetts Sen. Warren Find Rare Common Ground On Scrapping Debt Limit
President Donald Trump and Senator Elizabeth Warren (D-Mass.) have found themselves in agreement on a critical economic issue: the complete elimination of the national debt limit. The surprising alignment, announced by Trump on his Truth Social platform, underscores a growing bipartisan sentiment that the recurring showdowns over the debt ceiling pose an unacceptable risk to […] Trump, Massachusetts Sen. Warren Find Rare Common Ground On Scrappi…
Trump's Got the Jokes: 'Pleased to Announce ... I Agree with Senator Elizabeth Warren'
President Donald Trump shared a lighthearted post with a message on Truth Social Wednesday, directed at Democratic Sen. Elizabeth Warren of Massachusetts. The post was regarding the debt ceiling increase […] The post Trump's Got the Jokes: 'Pleased to Announce ... I Agree with Senator Elizabeth Warren' appeared first on The Western Journal.
Donald Trump called for the elimination of the debt ceiling. In the midst of the debate over his mega bill in the Senate and its fiscal cost, the president proposed the measure to “avoid an economic catastrophe.” He did so through his Truth Social account, where he claimed to agree with Democratic Senator Elizabeth Warren (D-MA). Read more]]>
Rep. Newhouse opposes Trump's call to scrap debt ceiling
Rep. Dan Newhouse (R-Wash.) doesn’t think scrapping the debt limit, as President Donald Trump suggested, is the wisest decision. He does, however, sympathize with the reason Trump and some others are suggesting the idea. “As painful as it is to have to vote to increase the debt ceiling, I think it serves as a reminder, periodic reminder to the Congress that, hey, we have to do this. We have to cover checks that we’ve written. It should be a star…
Trump calls for scrapping debt limit
President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren (Mass.). “I am very pleased to announce that, after all of these years, I agree with Senator Elizabeth Warren on SOMETHING. The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in the hands of polit…
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