Trump pitch to use tariffs to pay down debt a ‘chancy bet’
President Trump and his officials have promoted his sweeping tariff actions as a tool to ensure fair international trade, as well as to repay the federal government’s $36 trillion in debt. As Trump faces pressure from both sides of the aisle on his trade plans, he and officials have partially defended his tariff actions as […]
Joni Ernst Proposes to Sell Millions of Dollars of IRS Firearms to Pay Off National Debt
Sen. Joni Ernst (R-IA) introduced a law Monday that would sell millions of dollars in Internal Revenue Service (IRS) firearms to pay government bonds. As America approaches tax day on Tuesday, Ernst introduced the reasons why the IRS needs to reform the way they handle guns. The Iowa Senator introduced the law after reporting that […]
GOP lawmakers’ budget framework will raise debt limit, pass Trump border, energy and tax bill all before June
WASHINGTON – Congressional Republicans are moving forward with plans for a re-appointed budget resolution that sets different thresholds to cut federal spending, but they still aim to raise the country's debt limits to trillions, and pass President Trump's border, energy and tax priorities by anniversary. House Gop Aide told the Post that “target cuts” in […]
Congress must act by August to prevent debt default, CBO warns
The federal government was able to default on its obligations immediately in August without action from Congress, the Congressional Budget Office (CBO). Estimated on Wednesday. The latest forecasts say the nonpartisan budget scorekeeper said Wednesday morning that Congress must act to raise or suspend debt caps by August or September, but that deadlines could change […]
Debt limit time crunch could test both parties
House Democrats are sending early warning shots to close the government's borrowing window. Winning democratic support for raising the debt cap is expensive for Republicans. While minority Democrats have little power to decide the debate, many conservative Republicans have long opposed the rise in debt restrictions to protest deficit spending. Dynamics says it could give […]
The Debt Limit Showdown: Why Democrats Mustn’t Prop Up Republian Defeat in the Name of Bipartisanship
Sen. Ron Wyden (R-Ore.) stated on Monday that Democrats shouldn’t aid Republicans in addressing the debt ceiling in the Congress. "The economic agenda for Trump and Republicans is to drive debt, impose pain on working families, and enrich billionaires like Elon Musk even more," a ranking member of the Finance Committee said in a statement […]
Debt consolidation or debt settlement — which is right for you?
New York Post may receive compensation or receive an affiliate committee if you click or purchase a link. Featured pricing is subject to change. There's nothing easy about having thousands of dollars in debt on your head. And the path to getting rid of it is complicated and can be littered with jargon. Debt settlement […]
Burgum Says U.S. Natural Resources Could Be ‘Triple’ the National Debt
Home Secretary Doug Burgham said USC's natural assets are worth tripling its $36.6 trillion national debt at a policy event hosted by Breitbart News. meetingfeatured a fiery statement from Burgham when interviewed on stage by Breitbart News Director of Washington, D.C., by Matt Boyle. “I've heard you have $36.5 trillion in debt, one or two […]
European markets rise ahead of German debt reform vote; QinetiQ down 22% – CNBC
Qinetiq plummets after renewal trading British defense company stocks Qinetiq It fell to the bottom of a Stoxx 600 on Monday morning, dropping 18.4% in London time by 8:46am. It came after work Revised downwards The revenue outlook for the year ending March 31 says it expects organic revenue growth to be around 2% this […]
TV tonight: inside the Thames Water £3bn emergency debt package crisis | Television
Thames Water: In the crisis 9pmBBC 2 Thames Water, the UK's largest water company, recently won a controversial £3 billion emergency debt package for at least several months to prevent it from collapse. As customer bills increase and sewage continues to flow to the coast and rivers, the two will enter the company for the […]