Market
Outcome of Trump's Debt Ceiling Abolition Efforts by 2025
3
Resolution / Starting Odds
Debt ceiling abolished • 25%
Debt ceiling remains with increased limit • 25%
Debt ceiling remains unchanged • 25%
Other outcome • 25%
Official U.S. Congressional records or announcements
Story
Trump Vows to 'Lead the Charge' to Abolish U.S. Debt Ceiling, Supports Debt Limit Increase
Dec 19, 2024, 02:20 PM
President-elect Donald Trump has called for abolishing the U.S. debt ceiling and supports increasing the debt limit now. In an interview with NBC News, he stated he would 'lead the charge' to eliminate the debt ceiling if Democrats agree. Trump referred to the debt ceiling as a 'fake thing' with no real value in controlling debt.
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Debt Ceiling Abolished • 25%
Government Shutdown • 25%
No Change • 25%
Debt Ceiling Extended • 25%
Debt ceiling unchanged • 25%
Debt ceiling abolished • 25%
Other outcome • 25%
Debt ceiling raised • 25%
No change • 25%
Abolished • 25%
Extended to 2029 • 25%
Extended with a different date • 25%
Debt ceiling suspended • 25%
Debt ceiling increased • 25%
U.S. defaults • 25%
Debt ceiling unchanged • 25%
Pending • 34%
Approved • 33%
Rejected • 33%
Unresolved • 25%
Temporary extension • 25%
Permanent abolition • 25%
Compromise with new conditions • 25%
Debt ceiling extended • 25%
Other legislative solution • 25%
Debt ceiling unchanged • 25%
Debt ceiling abolished • 25%
Suspended • 25%
Abolished • 25%
Increased • 25%
Unchanged • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Uncertain/No clear majority • 25%
Majority support abolition • 25%