Finding rare common ground with a liberal critic, President Donald Trump has agreed with Senator Elizabeth Warren that the debt ceiling must be eliminated.
This unusual alliance comes as Treasury Secretary Scott Bessent warns Congress must raise the debt limit to prevent a catastrophic default on America’s out-of-control debt.
President Trump took to Truth Social to share his position, emphasizing the need to prevent economic disaster by removing this artificial constraint that has become a political weapon.
He wrote:
“I am very pleased to announce that, after all of these years, I agree with Senator Elizabeth Warren on SOMETHING. 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 and, indirectly, even the World.”
President Trump’s pragmatic approach shows he prioritizes America’s economic stability over partisan politics.
Established in 1939, the debt ceiling has morphed from a reasonable fiscal mechanism into a political tool used to force government shutdowns and create artificial crises that harm everyday Americans.
The president’s stance is backed by Office of Management and Budget Director Russ Vought.
Vought emphasized the importance of including the debt extension in the comprehensive bill of President Trump’s priorities that recently passed the House.
The legislation includes plans to raise the debt ceiling by $4 trillion to ensure that government operations continue uninterrupted.
Donald J. Trump Truth Social 06.04.25 01:25 PM EST
I am very pleased to announce that, after all of these years, I agree with Senator Elizabeth Warren on SOMETHING. The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in…
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) June 4, 2025
Bessent has issued urgent warnings that Congress must act by mid-July to avoid defaulting on America’s obligations.
With the national debt approaching $37 trillion, the situation requires immediate attention and responsible leadership rather than political brinkmanship.
Despite Senator Rand Paul’s opposition to the House bill and his call for a separate vote on the debt limit, President Trump remains committed to his position.
The president recognizes that while spending must be controlled through proper legislative channels, using the debt ceiling as leverage creates unnecessary market volatility and economic uncertainty.
“She wanted to see it terminated, gotten rid of, not being voted on every five years or 10 years, and the reason was because it’s so catastrophic for our country,” President Trump said.
This rare alliance between the longtime political rivals highlights the president’s willingness to put America first, even when it means finding common ground with Democrats.
While Warren criticized other aspects of President Trump’s legislative package, claiming it would increase debt by $2.4 trillion over a decade, their agreement on eliminating the debt ceiling represents a bombshell breakthrough.
The debt ceiling does nothing to control actual spending, which is determined through the budget process.
Instead, it creates artificial crises that damage America’s credit rating and economic standing.
Previous political battles over the debt limit have already led to credit-rating downgrades that cost American taxpayers billions in higher interest payments.
