this post was submitted on 19 Dec 2024
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politics

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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.

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[–] WhiteOakBayou@lemmy.world 12 points 1 week ago

I don't want a government shutdown. I don't want more expensive subsidies for corn. I don't care about NFL stadiums. I do want the disaster relief. I am ambivalent on the other farm aid because on one hand most of that money goes to big ag who does not need it but on the other hand small farmers depend on that money too. I think the concept of a debt ceiling is dumb in our current economy and I would like it abolished.

That being said. There is time to eliminate the debt ceiling without shutting down the government. The government needs to be funded. Fund the government, help those poor people smacked by storms then get rid of the debt ceiling.

I doubt Johnson can get this done in time. Hopefully Musk emailed Johnson some draft legislation with his marching orders. As it stands now a foreign born billionaire is threatening members of congress and appears to be dictating policy. This makes me sad.