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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 ...
Wary of the cost of surging federal spending to combat the coronavirus crisis, senior Trump administration officials are looking at ways to reduce the additional debt created by any future ...
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 ...
October 11: Trump announced that the United States and China had reached a tentative agreement for the "first phase" of a trade deal, with China agreeing to buy up to $50 billion in American farm products, and to accept more American financial services in their market, with the United States agreeing to suspend new tariffs scheduled for October 15.
The 2025 deficit needs to be reduced by $750 billion to stabilize national debt—or twice what the federal ... this plan decreases government outlays by nearly $3.5 trillion (and by $25 trillion ...
The incoming Trump administration's plans, if enacted, would involve a large increase in the US government's debt. For years, this hasn't been a problem for markets. But once again, Wall Street is ...
Chinese media reported that China could rack up $850 billion in debt to help revive its economy. The report said the nation could issue new bonds over the next three years.
The CBO estimated in a report issued Wednesday that the extension of parts of Trump’s tax cuts set to expire after 2025 would add another $4.6 trillion to the national debt through the year 2034.