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Keywords: National debt
The nonpartisan Congressional Budget Office (CBO) revised its forecast on Wednesday, lowering the expected cost of President Donald Trump’s tax-cut and spending legislation. The updated projection estimates the plan will increase the national debt by approximately $2.4 trillion, down from a previous......
Billionaire Elon Musk has reignited his criticism of U.S. President Donald Trump’s flagship budget legislation, describing it as a “disgusting abomination” in a string of social media posts shortly after departing from his advisory role in the administration. Known as the One Big Beautiful......
U.S. President Donald Trump has suggested using a portion of the savings generated from Elon Musk’s cost-cutting initiative to provide financial relief to Americans and reduce the national debt. Speaking at an investment summit hosted by Saudi Arabia’s sovereign wealth fund in Miami Beach,......
On January 3, U.S. House of Representatives Speaker Mike Johnson secured reelection to the position by a narrow margin, showcasing the potential fractures within the Republican Party under President Donald Trump’s influence. Johnson’s victory in a roll-call vote, which lasted nearly two hours,......