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Trump: It’s Time to Remove the Debt Ceiling

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On Wednesday, U.S. President Donald Trump voiced support on Truth Social for a surprising ally on fiscal policy—Democratic Senator Elizabeth Warren—by endorsing her stance on eliminating the federal debt ceiling.

Trump warned of the serious economic risks if the debt limit were to be exploited for political maneuvering, stating that the potential fallout for both the U.S. and the global economy is too great to ignore.

He also expressed openness to Warren’s proposal involving $4 trillion in spending but emphasized that such a large figure should be implemented over a controlled and limited timeframe, though he did not specify exact parameters.

In a rare display of bipartisanship, Trump called on both Republicans and Democrats to unite in addressing the issue, highlighting the importance of cooperation in resolving what he described as a critical financial concern.

His comments come as debates around the debt ceiling intensify in Congress. The debt ceiling represents a statutory cap on federal borrowing. Eliminating it would grant the government more flexibility to meet its financial commitments without recurring legislative showdowns.