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President-elect Donald Trump has called on Congress to raise or eliminate the debt ceiling. He said doing so before his term would put the onus on Joe Biden and let him avoid an early fight.
In a recent social media post, Trump railed against the state of the debt ceiling and called the deal that put it on the 2025 agenda "one of the dumbest political decisions made in years."
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 ...
Despite Trump's suggestion, economic experts have said they agree that breaching the debt ceiling would certainly lead to economic chaos. PHOTO: The U.S Capitol is seen on Capitol Hill in ...
It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy. The National Debt Just Hit $36 Trillion. Does Trump Have a Plan ...
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 ...
The public debt Trump will inherit as the 47th president is a completely different problem. The national debt will exceed $36 trillion when he takes office on Jan. 20, up from $20 trillion when he ...
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 ...