On Truth Social, Trump stated:
“The extension of the Debt Ceiling by a previous Speaker of the House, a good man and a friend of mine…will go down as one of the dumbest political decisions made in years. There was no reason to do it – NOTHING WAS GAINED, and we got nothing for it – A major reason why that Speakership was lost.”
Shifting Responsibility to Republicans
Trump argued that the decision to delay addressing the debt ceiling placed undue responsibility on Republicans. He suggested that Democrats were intentionally avoiding the issue and warned of economic repercussions.
“It was Biden’s problem, not ours. Now it becomes ours. I call it ‘1929’ because the Democrats don’t care what our Country may be forced into. In fact, they would prefer ‘Depression’ as long as it hurt the Republican Party. The Democrats must be forced to take a vote on this treacherous issue NOW, during the Biden Administration, and not in June. They should be blamed for this potential disaster, not the Republicans!” Trump stated.
What is Debt Ceiling
The debt ceiling is the…