US Should Abolish the Debt Ceiling, Trump Says

‘The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge,’ Trump said.

President-elect Donald Trump speaks at a House Republican Conference meeting at the Hyatt Regency on Capitol Hill in Washington on Nov. 13, 2024. Allison Robbert/Pool/Getty Images

President-elect Donald Trump said that “the smartest thing” that Congress could do is abolish the debt ceiling, one day after opposing a deal to fund the federal government before a shutdown.

In a phone interview with NBC News on Dec. 19, Trump suggested that the debt ceiling is meaningless, adding that he would support efforts to abolish it altogether.