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International Business Times
International Business Times
Politics
Mark Moore

Trump Calls For Abolishing Debt Limit: 'Smartest Thing' Congress Could Do

Donald Trump (Credit: Latin Times)

President-elect Donald Trump said he supports abolishing the debt ceiling because it's the "smartest thing," a day after scuttling a bipartisan spending deal that would have averted a federal government shutdown in two days.

Trump informed Republican lawmakers about his opposition to the 1,500-page bill put together by House Speaker Mike Johnson after billionaire Elon Musk, whom Trump named to run a government efficiency panel, criticized it as full of Democratic giveaways.

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