Search results
Results from the WOW.Com Content Network
President Trump’s greatest contribution to Social Security came in the wake of the COVID-19 pandemic. On March 27, 2020, he signed the Coronavirus Aid, Relief, and Economic Security Act — the ...
If the Trump administration fails to correct the mistakes made during the Biden era, it could prove catastrophic for the U.S. economy. President Joe Biden didn't just put America in a budget bind now.
Indeed, debt-to-GDP took a nearly 30-year dive to reach 23 percent in 1974. Today, federal debt is projected—again, under the rosiest scenarios—to rise to 166 percent in 30 years.
American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined.
During Trump's first three years in office, the number of Americans without health insurance increased by 4.6 million (16%), [8] [9] while his tax cuts favored the top earners, and failed to deliver on its promises, [10] worsened income inequality, and eroded the country’s revenue needed to continue investment to critical programs like social ...
The National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, [1] created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal ...
Over a century later, the public debt topped $1 trillion for the first time in 1982 under Ronald Reagan and more than doubled during his presidency — and it's been climbing steadily since then.
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to slash spending and dramatically downsize the 2.3 million strong civil service.