Trump Pushes New Debt Ceiling Idea After Last Plan Flopped Big-Time
Trump and the rest of the GOP seem to be even more at odds over the debt ceiling than initially believed. “Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous debt ceiling. Without this, we should never make a deal,” the president-elect wrote on Truth Social in the early hours of Friday morning. “Remember, the pressure is on whoever is president.” “If there is going to be a shutdown of government, let it begin now, under the Biden Administration, not after January 20th, under ‘TRUMP.’ This is a Biden problem to solve, but if Republicans can help solve it, they will!” he continued in another post.This is bad news for the party of “fiscal responsibility.” Trump floated completely abolishing the debt ceiling on Thursday, telling NBC News that it would be the “smartest thing to do.” “I would support that entirely.… The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge,” Trump said. “It doesn’t mean anything, except psychologically.”On Thursday evening, the House voted on a Trump-backed spending bill that included a two-year suspension of the debt ceiling. That more modest measure was rejected by a whopping 38 Republicans who voted against. The infighting is set to come to a head on Friday, as the government will shut down at midnight Saturday if an agreement is not reached. Perhaps Republicans aren’t as beholden to Trump and his budget wishes as we initially thought.
Trump and the rest of the GOP seem to be even more at odds over the debt ceiling than initially believed.
“Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous debt ceiling. Without this, we should never make a deal,” the president-elect wrote on Truth Social in the early hours of Friday morning. “Remember, the pressure is on whoever is president.”
“If there is going to be a shutdown of government, let it begin now, under the Biden Administration, not after January 20th, under ‘TRUMP.’ This is a Biden problem to solve, but if Republicans can help solve it, they will!” he continued in another post.
This is bad news for the party of “fiscal responsibility.” Trump floated completely abolishing the debt ceiling on Thursday, telling NBC News that it would be the “smartest thing to do.”
“I would support that entirely.… The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge,” Trump said. “It doesn’t mean anything, except psychologically.”
On Thursday evening, the House voted on a Trump-backed spending bill that included a two-year suspension of the debt ceiling. That more modest measure was rejected by a whopping 38 Republicans who voted against. The infighting is set to come to a head on Friday, as the government will shut down at midnight Saturday if an agreement is not reached. Perhaps Republicans aren’t as beholden to Trump and his budget wishes as we initially thought.
