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Trump, Tax Cuts and national debt
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, with debt and deficits set to reach record levels.
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.
Donald Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
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 ...
LIVE
10h
Trump inauguration moved indoors amid record-breaking cold as list of Democrats skipping event grows: Live updates
President-elect says he has ordered inauguration and speeches to take place in the Capitol Rotunda ‘as was used by Ronald Reagan in 1985’ ...
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 ...
1d
on MSN
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
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 ...
Nebraska Examiner
2d
Trump nominee for budget chief says president can withhold funding approved by Congress
President-elect Donald Trump’s pick to run the Office of Management and Budget appeared on a glide path to confirmation following a hearing.
5d
Illinois Congressional Democrats plot ways to blunt policies after Trump takes office
Democrats in Congress representing the Chicago area looking for ways to limit the scope of President-elect’s Donald Trump’s ...
2d
on MSN
Takeaways from Day 3 of President-elect Donald Trump’s Cabinet nominee hearings
Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on ...
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