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.
No, you don’t understand. Trump has promised to do away with regulation to reduce consumer protection and increase profits. The wealthy are going to loot the US while destroying it then hope that the poor don’t murder them and take everything back.