Search results
Results from the WOW.Com Content Network
President-elect Donald Trump speaks at a news conference at Mar-a-Lago on December 16, 2024, in Palm Beach, Florida. ... Congress instituted a limit on US borrowing and the debt ceiling evolved ...
But that year-end legislative battle may foretell further fiscal chaos in 2025, including the risk of another downgrade of US debt. Donald Trump will take office on Jan. 20 with his fellow ...
A debt-ceiling breach has become a political tool — one that Trump is trying to wield for the last time The debt ceiling limits the amount of money the federal government is allowed to borrow to ...
But failing to raise the debt limit after running out of cash could force the U.S. to default on debt payments, which could trigger a financial crisis. Why Trump wants to raise it. The debt ...
President-elect Trump is headed for a battle over the debt limit with conservative lawmakers who are demanding steep cuts to federal spending that will significantly complicate Trump’s ability ...
Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs, but high interest ...
President-elect Donald Trump on Thursday took credit for killing the House Republican-proposed government funding bill, telling ABC News there will be a government shutdown unless Congress extends ...
Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal government is authorized to borrow to pay for obligations such as ...