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What will be the outcome of the debt ceiling debate by end of 2025?
3
Resolution / Starting Odds
Debt ceiling abolished • 25%
Debt ceiling raised • 25%
Debt ceiling unchanged • 25%
Other outcome • 25%
Congressional records and major news outlets
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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Abolished • 25%
Extended to 2029 • 25%
Extended with a different date • 25%
No change • 25%
Abolished • 25%
Suspended • 25%
Increased • 25%
Unchanged • 25%
Debt ceiling abolished • 25%
Debt ceiling extended • 25%
Debt ceiling unchanged • 25%
Other legislative solution • 25%
Permanent abolition • 25%
Temporary extension • 25%
Compromise with new conditions • 25%
Unresolved • 25%
Abolished • 25%
Extended • 25%
Unchanged • 25%
Other • 25%
Debt ceiling increased • 25%
Debt ceiling remains unchanged • 25%
Temporary extension • 25%
No resolution • 25%
Both support abolition • 25%
Both oppose abolition • 25%
Republicans support, Democrats oppose • 25%
Democrats support, Republicans oppose • 25%
Yes • 50%
No • 50%
Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Uncertain/No clear majority • 25%