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.

  • Eldritch@lemmy.world
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    3 days ago

    And as usual he’s right for the wrong reason. He wants it abolished. Because they plan no future transitions of power. They don’t think they will need to use it against Democrats anymore, and don’t want it used against them. This should worry more people. But they were warned.

    • Nightwingdragon@lemmy.world
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      3 days ago

      Oh of course. Like I said, self-serving purposes. But he’s still right – debt ceiling hostage negotiations should have never existed in the first place and nothing good has ever come out of them.

    • CharlesDarwin@lemmy.world
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      3 days ago

      Have the Demcrats used it, though? It’s the qons that seem more than willing to point a gun to the head of the American people and demand that normal Americans (i.e., Democrats) cave to their demands. Not sure the Democrats have done this, but maybe I’m wrong.

      Either way, the qons are always projecting, so it’d be natural for them to think what they do is normal for others to try.

      • Eldritch@lemmy.world
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        3 days ago

        I’m not currently aware of any instance in recent history. But the history of it goes back to at least the 70s. But this would be an easy bureaucratic attack to push back on the creation of new concentration camps for instance. And as others have said it may also be to stop sane Republicans from pushing back as well.