Removing the debt ceiling is a bad idea. We got to where we are through a complete lack of real oversight and just raising the debt ceiling. We can't pay what we owe now and just letting it run without controls may work for the next four years (doubt it), but there is zero guarantee who gets in office next term OR who the congress will have that will then be able to create/spend money out of thin air for things we don't need and encumber the citizenry even more via taxation. Nobody up there has proven that they can act in any fiscally responsible way, so giving them an open credit card that has to be paid on the backs of the present and future taxpayers is no bueno.
First order of business would be to clean up the fucked up spending that is now coming to light, that's the income statement side. Then get rid of non-performing/unused assets so that the ongoing fixed costs associated with them are removed as well. IOW, reduce the money outflow to absolute necessities. Once THAT is done we can then talk about the budget ceiling. Then give the public and congress 2 months to wade through the proposed budget, no more of this "we have to sign it to see what's in it" bullshit.
We have essentially already had the debt ceiling removed for decades, we have just had a dog and pony show around it for public viewing that meant nothing. That's how we got here, and how the dollar has lost something like 97% of its value.
Trump wants the debt ceiling removed. And he isn't known as a hawk when it comes to spending. But I agree, that can be offset by eliminating this insane waste and putting money on things that make sense for the taxpayer.