Search results
Results from the WOW.Com Content Network
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.
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.
(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 ...
But Trump's call to suspend limits on borrowing -- at a time the federal government's debt exceeds $36 trillion -- runs against long-voiced Republican concerns about fiscal profligacy in Washington.
Trump dodged questions about the debt while campaigning and does not have a plan to cut spending, even though he's promised lots of tax cuts (a recipe for higher deficits and more borrowing).
Trump's plans included extending the expiring pieces of the 2017 Tax Cuts and Jobs Act, expanding the State and Local Tax (SALT) deduction, and tax breaks for goods made in America. Trump also ...