Search results
Results from the WOW.Com Content Network
Trump dodged questions about the debt while campaigning and does not have a plan to cut spending, even though he's promised lots of tax cuts (a recipe for higher deficits and more borrowing).
Trump was unsuccessful in his eleventh-hour effort last month to get Congress to pass the debt ceiling as part of a funding stopgap to prevent another shutdown threat before the holidays.
The national debt will exceed $36 trillion when he takes office on Jan. 20, up from $20 trillion when he started his first term in 2017. As a percentage of GDP, debt held by the public has jumped ...
Speaker Mike Johnson (R-La.) last week also floated a proposal under which the House GOP conference would agree to raise the debt limit by $1.5 trillion in the first of two budget reconciliation ...
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...
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 fiscal policies of the Trump administration added twice the amount to the national deficit as have President Biden’s, a new analysis has found. Trump’s administration borrowed $8.4 ...
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.