US EditionTrump's $5 Trillion Debt Ceiling Strategy Could Force Democrats to the Negotiating Table
7 Articles
7 Articles
Can Trump Grow the Economy Out of a Debt Crisis? - Liberty Nation News
By Andrew Moran Can anyone stop America’s pending debt crisis? One side of the political aisle only cares about the ocean of red ink swallowing Washington when it is sitting in the opposition’s seat – and vice versa. Case in point, progressive lawmakers have clutched their pearls about President Donald Trump’s megabill, also known as the One Big […]
Donald Trump’s fiscal package could raise US public debt from a current level of 99 percent of gross domestic product (GDP) to 127 percent of that country’s GDP by 2034, warned Banamex’s Economic Studies area. “The fiscal package represents a political victory, but does not recognize the existing structural fiscal imbalances. With respect to what was approved by the House of Representatives, the proposal passed by the Senate further accentuates …
Passage of $5 trillion debt-limit increase puts Trump at a strategic advantage over Dems for next round · American Wire News
The passage of the “Big, Beautiful Bill” and its $5 trillion debt-limit increase has averted the crisis for now but not forever. “Increasing the debt ceiling should be a routine function of the government, so tucking the increase into a must-pass bill is smart,” Michael Strain, the director of economic policy studies at the American Enterprise Institute, told Fox Business Network (FBN). “Doing so will spare a potentially harmful and damaging fig…
Fox Business
MSNTrump's $5 trillion debt ceiling strategy could force Democrats to the negotiating table
President Donald Trump's hallmark legislation includes a staggering $5 trillion hike to the debt ceiling — a move that gives Republicans added leverage in bipartisan negotiations. With control of both chambers of Congress, Republicans are well-positioned to use the debt limit as a tool in a classic display of political brinkmanship. As the U.S. government nears a fiscal cliff, Republicans could potentially use the looming deadline to pressure De…
Financial News Network - Trump's $5 trillion debt ceiling strategy could force Democrats to the negotiating table
Failing to raise the debt limit before the Treasury runs out of cash could trigger further credit downgrades and roil financial markets. In short, Republicans and Democrats want to avoid a U.S. government default because it undermines America’s economic credibility.Read More …
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