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But in a Thursday interview with ABC News' Jonathan Karl, Trump suggested the impact of the U.S. government defaulting on its bills could "possibly mean nothing." "Nobody really knows.
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.
The debt ceiling is routinely raised to accommodate repayment of the country’s debt. The last time it was raised was in 2021. The debt ceiling was suspended last June.
Common types of debt owed by individuals and households include mortgage loans, car loans, credit card debt, and income taxes. For individuals, debt is a means of using anticipated income and future purchasing power in the present before it has actually been earned. Commonly, people in industrialized nations use consumer debt to purchase houses ...
Nicole Lapin (born March 7, 1984) is an American television news anchor, author, and businesswoman. She is known for being an American news anchor on CNBC, CNN and Bloomberg. Lapin also served as a finance correspondent for Morning Joe on MSNBC [2] and The Today Show on NBC. [3]
She was named a Dateline NBC correspondent in 2012 and contributes to other NBC News platforms such as Today, NBC Nightly News and MSNBC. [5] She also is a fill-in anchor and news anchor on Today and Weekend Today. In addition to working as a journalist, Canning is a writer for Hallmark Channel and Lifetime movies.
There is “no doubt” that both in raw and proportionate terms, the U.S. government carries a substantial debt load, according to Brett House, a professor of economics at Columbia Business ...
Today. Savannah Guthrie and Hoda Kotb (Anchors) Craig Melvin (News Anchor) Al Roker (Meteorologist) Carson Daly (Popstart) Today Third Hour. Al Roker (Host) Craig Melvin (Host) Sheinelle Jones (Host) Dylan Dreyer (Host) Today with Hoda and Jenna. Hoda Kotb and Jenna Bush Hager (Hosts) NBC Nightly News. Lester Holt (Anchor) The Tonight Show ...