Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems. Without bold action now, we’re on a path toward economic instability. Trump has the opportunity — and responsibility — to help us pivot away from this...
Under President Obama, the National debt surpassed 106% of Gross Domestic Product (GDP). Under President Trump, the U.S. Government sent hundreds of billions to private citizens to ensure the economy would not suffer the shutdown costs of losing momentum during the lockdowns prescribed by ...
WASHINGTON -- No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris' and Donald Trump's economic plans. The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency could incr...
Trump: Default if Dems Don’t Cave The former president, who addressed the debt ceiling standoff, said he was inclined to pardon Jan. 6 rioters and insulted the writer he was found liable for sexually abusing and defaming. Claire HansenMay 10, 2023 ...
Trump’s fiscal and trade policies, if implemented as advertised, will invite retaliation and drive-up inflation, as will his proposal to devalue the dollar to reduce the trade deficit and make exports cheaper. We have already seen what happens to the popularity of governments that usher in hig...
supplier are currently negotiating a master purchase agreement that will take effect between now and the implementation of new tariffs under the Trump administration, importers may wish to add language so that the purchase price does not include the additional duties at whatever date the goods enter...
New analysis suggests national debt could increase under Harris, but it would surge under Trump No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans. October 8 Kenya’s president warns of huge ...
President-elect Donald Trump has chosen former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. National Infant remains found in a trash truck Updated: 5 hours ago| By Debra Worley Sanitation workers in Texas found a dead baby...
000 F-35swhen Russia haszero Su-57s in service; and why he or she believes the money spent on unneeded F-35’s could not be better used to reduce the federal budget deficit (also an option in my plan) — or make college affordable for all our citizens as the tradeoff vote in this...
Presidential decisions can also lower the federal deficit and reduce borrowing. For example, the Congressional Budget Office predicts that theInflation Reduction Act, which was passed in 2022 under President Joe Biden, could reduce the federal deficit by $58 billion over a decade. ...