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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.
A new debt ceiling was established this week, setting up a debate for the months ahead about averting a government default.. The parameters of that coming standoff are already making Donald Trump ...
Paul hailed the defeat of Trump’s plan to raise the debt limit as part of a stopgap government funding measure. He said it shows the leverage fiscal hawks will have over the White House next year.
Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do.
(Reuters) -U.S. President Donald Trump on Sunday said his administration was examining U.S. Treasury debt payments for possible fraud and suggested that the country's $36 trillion debt load might ...
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 ...
The debt ceiling is the unexpected debate in Washington this week after President-elect Donald Trump threw the annual holiday-season government-funding talks into disarray. Trump said he wanted to ...
MORE: Trump threatens government shutdown unless debt limit demand met, blames Biden if it happens "It would be disastrous for the American economy, for global financial markets and for millions ...