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What will public opinion be on abolishing the debt ceiling by end of 2025?
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Resolution / Starting Odds
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split opinion • 25%
Insufficient data • 25%
Major public opinion polls and surveys from reputable polling organizations
Story
Trump Supports Abolishing Debt Ceiling in NBC News Phone Interview
Dec 19, 2024, 02:16 PM
President-elect Donald Trump has expressed support for abolishing the debt ceiling, stating in a phone interview with NBC News that it would be the 'smartest thing [Congress] could do.' Trump suggested that the debt ceiling is a 'fake thing' with no real value in controlling debt, and he would lead the charge to get rid of it if Democrats, who have previously expressed interest in eliminating it in May of '23, support the move. This stance comes amidst ongoing debates in Congress over government funding and the potential for a shutdown, with Trump indicating that any shutdown should occur under a Democratic president.
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Similar markets
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Uncertain/No clear majority • 25%
Extended to 2029 • 25%
No change • 25%
Extended with a different date • 25%
Abolished • 25%
Unresolved • 25%
Permanent abolition • 25%
Temporary extension • 25%
Compromise with new conditions • 25%
No clear majority • 25%
Majority oppose repeal • 25%
Majority support repeal • 25%
Evenly split opinion • 25%
Increased • 25%
Suspended • 25%
Abolished • 25%
Unchanged • 25%
Both oppose abolition • 25%
Republicans support, Democrats oppose • 25%
Democrats support, Republicans oppose • 25%
Both support abolition • 25%
Debt ceiling remains unchanged • 25%
Debt ceiling remains with increased limit • 25%
Other outcome • 25%
Debt ceiling abolished • 25%