Market
What will be the public opinion on abolishing the debt ceiling by end of 2025?
1
Resolution / Starting Odds
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Uncertain/No clear majority • 25%
Major national polls such as Gallup or Pew Research
Story
Trump Vows to 'Lead the Charge' to Abolish Debt Ceiling; Warren Agrees
Dec 19, 2024, 02:38 PM
President-elect Donald Trump has called for abolishing the U.S. debt ceiling, describing it as a 'fake thing' and a 'psychological limit' with no real value in controlling debt. In a phone interview with NBC News on Thursday, Trump said, 'The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge.' His stance aligns with Democratic efforts earlier in May 2023 to eliminate the debt ceiling, which faced opposition from Republicans at the time. Senator Elizabeth Warren expressed agreement with Trump, stating on social media, 'I agree with President-elect Trump that Congress should terminate the debt limit and never again govern by hostage taking.'
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Similar markets
Evenly split opinion • 25%
Insufficient data • 25%
Majority oppose abolition • 25%
Majority support abolition • 25%
Abolished • 25%
Extended with a different date • 25%
No change • 25%
Extended to 2029 • 25%
Debt ceiling unchanged • 25%
Debt ceiling abolished • 25%
Other outcome • 25%
Debt ceiling raised • 25%
Both support abolition • 25%
Republicans support abolition • 25%
Democrats support abolition • 25%
Neither support abolition • 25%
Temporary extension • 25%
Permanent abolition • 25%
Unresolved • 25%
Compromise with new conditions • 25%
Other outcome • 25%
Debt ceiling abolished • 25%
Debt ceiling remains with increased limit • 25%
Debt ceiling remains unchanged • 25%
Inflation rate • 25%
Interest rates • 25%
Stock market performance • 25%
National debt level • 25%