WASHINGTON, July 29 -- Sen. Elizabeth Warren issued the following press release:
In response to President Donald Trump's recent Truth Social post (https://truthsocial.com/@realDonaldTrump/posts/116992066632190700), U.S. Senator Elizabeth Warren (D-Mass.) released the following statement in support of eliminating the debt limit:
"Donald Trump is right about this: Eliminate the debt limit-its only real function is to threaten an economic crisis. I'm ready to work with both Democratic and Republican Senators to immediately scrap the debt ceiling and protect the economy."
A recent estimate from the Bipartisan Policy Center (https://bipartisanpolicy.org/article/when-will-we-reach-the-debt-limit-again/) projects that the U.S. will hit the debt...