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Trump's fiscal plans would raise the federal debt by more than twice Harris' proposals, new nonpartisan analysis finds. ... Trump's plans could expand the debt by between $1.5 trillion on the low ...
President-elect Donald Trump confounded members of Congress and flipped the government spending debate on its head when he demanded a premature increase to the debt ceiling on “Biden’s watch ...
The Committee for a Responsible Federal Budget estimates that it would take nearly $8 trillion of budget cuts (spread across the 10-year budget window used by the Congressional Budget Office and ...
Paul hailed the defeat of Trump’s plan to raise the debt limit as part of a stopgap government funding measure. He said it shows the leverage fiscal hawks will have over the White House next year.
The government needs to borrow money to continue paying out what Congress has already approved, but the debt ceiling puts a limit on how much money the U.S. government can borrow to pay its bills.
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is ...
Budget forecasters are struggling to keep up with the latest tweaks, and new ideas may be voiced in Tuesday's Harris-Trump debate, but so far all estimates show Trump's agenda piling up much more ...
It also included high and low estimates, including for Harris zero added debt on the low end and $8.1 trillion additional debt on the high end. Trump's low-end estimate would add $1.45 trillion in ...