President Trump announced that he agrees with Senator Elizabeth Warren's proposal to completely abolish the debt ceiling to avoid a serious economic crisis. He believes that the debt ceiling will be an extremely dangerous tool if it falls into the hands of politicians who want to use it, because its consequences may affect not only the United States but also the whole world.

Trump also supports Warren's second $4 trillion spending plan, but emphasizes that the plan should be introduced in phases in the shortest possible time.

He called on Republicans and Democrats to act together: "Let's act together!"