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Trump, Congressional Budget Office
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
National debt races toward record level as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan bookkeeper reported Friday, with debt and deficits set to reach record levels.
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.
US Treasury To Take 'Extraordinary Measures' To Avoid Debt Default
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.
1d
on MSN
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
3h
on MSN
Trump readies massive shift in U.S. economy on eve of inauguration
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...
1d
on MSN
Russell Vought could expand power of Trump's budget office
Vought, a co-author of Project 2025 who served as budget director in Donald Trump's first term, has signaled he will take a ...
MyNorthwest.com
1d
Trump swearing-in will move inside Capitol Rotunda because of intense cold
President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense ...
3d
on MSN
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
2d
on MSN
Chart Reveals Trump Could Undo All of Biden's Student Loan Forgiveness
More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.
federalnewsnetwork.com
2d
GOP lawmakers criticize federal telework as possible return-to-office looms
Republicans' renewed probe into federal telework sets the stage for how President-elect Donald Trump may approach a possible ...
3d
on MSN
Trump’s pick for budget director won’t say whether he would release Ukraine aid
He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that ...
5h
Will a 'Trumpier than Trump' JD Vance bring more populism to Trump's economic agenda?
Vance has never been a darling of the traditional free-market conservatives that dominate the Republican Vance party. Can he ...
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