A day after criticizing an agreement struck by congressional leaders to finance the government before a shutdown, President-elect Donald Trump stated on Thursday that Congress should remove the debt ceiling.
Trump stated in a phone interview with NBC News that the best course of action for [Congress] would be to completely remove the debt ceiling. I would wholeheartedly endorse that.
Democrats have stated their want to eliminate it. “I would lead the charge if they want to get rid of it,” Mr. Trump continued.
Trump said that the debt ceiling is a pointless idea and that nobody knows for sure what would happen if it were ever violated. He said that it would be a disaster and that no one should want to know.
He claimed that it had no significance other than psychologically.
“If there’s going to be a shutdown, we’re going to start it with a Democratic president suggesting that the fight playing out in Congress now is necessary to clear the decks before his administration begins in January,” he said in reference to the potential shutdown, which would take place at 12:01 a.m. on Saturday if a funding agreement isn’t reached.
Mr. Trump said, “We’ll see,” when asked if he still believes in House Speaker Mike Johnson. According to the Speaker’s continuing resolution, [the financing agreement] they reached yesterday was intolerable. It was unacceptable in many respects. It’s a trap for Democrats.
Trump said that before the X owner’s posts on Wednesday, he had spoken with Musk about his opinions on the short-term finance agreement.
I advised him to release a statement if he agreed with me. Mr. Trump stated that he is considering the situation from a financial perspective. According to him, their opinions were in agreement and on course.
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