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By Elizabeth Warren
Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020.
It is possible that hell has frozen over. President Trump and I agree on something very important: Abolish the debt limit.
The debt limit is a political tool that allows the minority party to threaten economic collapse, forcing Congress to negotiate its demands. It serves no other function. None. It has no impact on spending, and it doesn’t restrain the growth of the national debt.
