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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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Majority support abolition • 25%
Majority oppose abolition • 25%
Evenly split opinion • 25%
Insufficient data • 25%
Abolished • 25%
Extended to 2029 • 25%
Extended with a different date • 25%
No change • 25%
Debt ceiling abolished • 25%
Debt ceiling raised • 25%
Debt ceiling unchanged • 25%
Other outcome • 25%
Republicans support abolition • 25%
Democrats support abolition • 25%
Both support abolition • 25%
Neither support abolition • 25%
Permanent abolition • 25%
Temporary extension • 25%
Compromise with new conditions • 25%
Unresolved • 25%
Debt ceiling abolished • 25%
Debt ceiling remains with increased limit • 25%
Debt ceiling remains unchanged • 25%
Other outcome • 25%
Interest rates • 25%
Inflation rate • 25%
National debt level • 25%
Stock market performance • 25%