PANews reported on December 19 that US President-elect Trump and Vice President-elect Cyrus Vance issued a joint statement on social media, saying that "raising the debt ceiling is not a good thing, but we would rather do it during Biden's term." "If Democrats are unwilling to cooperate on the debt ceiling now, who would think they will cooperate in June when we are in power? Let's have this debate now," Trump and Vance said in the statement. Trump and Vance also called on Congress to "pass a streamlined spending bill that does not allow U.S. Senate Majority Leader Schumer and the Democrats to do whatever they want."