Trump says debt limit should be eliminated

ReutersJun 4, 2025 5:36 PM

June 4 (Reuters) - U.S. President Donald Trump on Wednesday said the nation's debt ceiling should be eliminated, saying he agreed with Democratic Senator Elizabeth Warren's view on the subject.

"The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in the hands of political people that may want to use it despite the horrendous effect it could have on our Country," Trump wrote in a post on Truth Social.

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