Congress Budget Office

Can Trump repair national debt? Republican senators, many investors and even Elon Musk doubt

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Can Trump repair national debt? Republican senators, many investors and even Elon Musk doubt

Washington (AP)-President Donald Trump is faced with the challenge of persuading Republican senators, global investors, voters and even Elon Musk that he will not bury the federal government in debt with his package for multi-term tax breaks. The answer so far from the financial markets was skeptical, as Trump seems to be unable to reduce … Read more

Trump offers $ 163 billion to reduce US budget that reduces internal costs

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Trump offers $ 163 billion to reduce US budget that reduces internal costs

By Andrea Shalal, James Olipant and Boa Erickson Washington (Reuters) – US President Donald Trump’s administration on Friday offered $ 163 billion to reduce the federal budget, which will dramatically reduce education, housing and medical research next year, while increasing defense and border security costs. The administration said the budget proposed would increase internal security … Read more