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The Republican Party’s Abandonment of Fiscal Conservatism: No More Debt Ceiling
With Donald Trump now pushing to eliminate the debt ceiling, we’re witnessing a stark shift that underscores the deep-seated hypocrisy in the modern GOP.
The Republican Party’s Abandonment of Fiscal Conservatism: No More Debt Ceiling
For decades, the Republican Party proudly wore the badge of fiscal conservatism, advocating smaller government, controlled spending, and a restrained national debt. Central to this stance was the debt ceiling, a potent symbol of their commitment to financial discipline.
But with Donald Trump now pushing to eliminate the debt ceiling, we’re witnessing a stark shift that underscores the deep-seated hypocrisy in the modern GOP.
Trump’s Proposal to Ditch the Debt Ceiling
President-elect Donald Trump proposed scrapping the debt ceiling entirely, calling it a “pointless formality” that only sparks avoidable economic crises. This isn’t a new stance for Trump; he floated similar ideas during his presidency, arguing that the debt ceiling encourages political standoffs that can damage the economy and erode…
