US EditionWarren backs Trump call to scrap debt limit, blasts GOP tax bill
- Senator Elizabeth Warren publicly supported President Donald Trump’s call on May 31, 2025, to eliminate the U.S. Debt limit permanently to prevent economic risk.
- This position follows the debt limit’s last suspension in summer 2023 through a bipartisan bill between Republican and Biden leadership, which deferred default risk until January 2025.
- Warren criticized a GOP tax bill tied to a $4 trillion debt ceiling increase, calling it an outrage to fund more billionaire tax breaks while urging bipartisan action to scrap the debt limit.
- Warren’s post on X quoted Trump's statement that eliminating the debt limit avoids catastrophic effects, while Treasury Secretary Scott Bessent warned Congress to raise the ceiling by mid-July to avert default.
- Failure to suspend or raise the debt limit risks financial system disruption and weakens America’s security, emphasizing urgency amid ongoing partisan debates on tax and debt policies.
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Sen. Elizabeth Warren sides with Trump’s call to eliminate debt limit: ‘Should be scrapped’
Sen. Elizabeth Warren, D-Mass., said on Friday she agrees with President Donald Trump's call to eliminate the debt limit, urging bipartisan action to scrap it permanently.
Sen. Elizabeth Warren sides with Trump's call to eliminate debt limit: 'Should be scrapped'
Sen. Elizabeth Warren, D-Mass., said on Friday she agrees with President Donald Trump's call to eliminate the debt limit, urging bipartisan action to scrap it permanently.In a post on X, Warren wrote: "@realDonaldTrump and I agree: the debt limit should be scrapped to prevent an economic catastrophe.""Let's pass a bipartisan bill and get rid of it forever," she added.JAMIE DIMON IDENTIFIES 'MOST IMPORTANT' FOCUS FOR TRUMP TEAM AMID GLOBAL 'TECTO…
Warren backs Trump call to scrap debt limit, blasts GOP tax bill
Sen. Elizabeth Warren (D-Mass.) on Friday backed President Trump’s call to abolish the nation’s debt ceiling, pressing for bipartisan action to “get rid of it forever.” In a post on X, Warren wrote that she and Trump agree that the debt limit, which caps how much money the Treasury can owe to pay the country’s bills, should “be scrapped to prevent an economic catastrophe.” However, she also added in a jab to a GOP-crafted tax bill to enact Trum…
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