Trump Calls for Debt Ceiling Action

United States President-elect Donald Trump has urged Congress to either abolish the 'ridiculous debt ceiling' or extend it until 2029, as a crucial step towards securing a government spending agreement. In a post shared on Truth Social, Trump emphasized the importance of this measure, stating, "Without this, we should never make a deal. Remember, the pressure is on whoever is President."

The House of Representatives recently failed to pass a new short-term funding bill, with most lawmakers opposing it. This development underscores the urgency of Trump's call for action on the debt ceiling to facilitate necessary government spending agreements.