Scrap Debt Limit: Trump’s Call for Economic Survival
President Donald Trump shared on Wednesday that he wants the debt limit “scrapped,” which Sen. Elizabeth Warren (D-MA) has also called for.
Trump issued a statement on Truth Social Wednesday afternoon.
“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,” he wrote.
“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,” he added.
Trump shared an image of a post on X that Warren put out Friday, in which she advocated for legislation to do away with the debt ceiling.
Source: Trump Wants Debt Limit ‘Scrapped’ to Protect from ‘Economic Catastrophe’
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Today’s Birthday
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James Buchanan "Diamond Jim" Brady (1856)August 12, 2026
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Financier and philanthropist "Diamond Jim" Brady exemplified the American Dream. He started out as a bellboy and messenger before getting a job with the New York Central Railroad and then working his way up through the industry, eventually amassing a fortune selling railroad supplies. With his newfound wealth, he indulged in his two greatest weaknesses: food—one restaurant owner reportedly called him "the best 25 customers I ever had"—and jewels. What was supposedly a typical meal for Brady?Today’s Holiday
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