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Market
Party Leading Charge to Abolish Debt Ceiling by May 31, 2025?
3
Resolution / Starting Odds
Republicans • 25%
Democrats • 25%
Bipartisan Effort • 25%
No Effort • 25%
Statements and actions reported in major news outlets
Story
President-elect Trump Vows to "Lead Charge" to Abolish Debt Ceiling, Threatens Shutdown
Dec 19, 2024, 02:52 PM
President-elect Donald Trump has called for abolishing the U.S. debt ceiling, stating he would "lead the charge" to eliminate it. In a phone interview with NBC News, Trump said the debt ceiling is a "fake thing" with "no real value" in controlling debt. He noted that Democrats have previously sought to remove the debt ceiling, and he supports that move "entirely." Trump warned that unless Congress eliminates or extends the debt ceiling, there could be a government shutdown, adding, "There won't be anything approved unless the debt ceiling is done with."
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Similar markets
Republicans support abolition • 25%
Democrats support abolition • 25%
Both support abolition • 25%
Neither support abolition • 25%
Republican Party • 25%
Democratic Party • 25%
Both parties • 25%
Neither party • 25%
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Uncertain/No clear majority • 25%
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split opinion • 25%
Insufficient data • 25%