Trump plan to raise borrowing limit on shaky ground as debt roils bond market
President Trump’s plan to raise the debt limit through the end of his presidency before Republicans likely lose control of Congress is on shaky ground because of rising concerns over the national debt — which has reached $40 trillion. The president is quietly pushing Senate Majority Leader John Thune (R-S.D.) and House Speaker Mike Johnson…
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Key Facts
- Fact 1: President Trump’s plan to raise the debt limit through the end of his presidency before Republicans likely lose control of Congress is on shaky ground because of rising concerns over the national debt — which has reached $40 trillion.
President Trump’s plan to raise the debt limit through the end of his presidency before Republicans likely lose control of Congress is on shaky ground because of rising concerns over the national debt — which has reached $40 trillion. The president is quietly pushing Senate Majority Leader John Thune (R-S.D.) and House Speaker Mike Johnson…
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Original source: The Hill
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