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S&P eyes Trump, Congress on budget, debt, taxes
Credit-rating agencies are watching a U.S. budget reconciliation process for potential impact on budget deficits and federal debt. The outcome of the Congressional budget process could affect how credit agencies like S&P Global evaluate the federal government's credit worthiness.
House Passes Plan to Advance Trump Tax Cuts, Debt Limit Boost
President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.
The action in Washington in the past week has done little to clarify what Donald Trump's endgame will look like, but it ...
It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...
WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...
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Senate Republicans moved ahead of the House to propose a $5 trillion increase to the debt limit and make 2017 federal tax ...
President Donald Trump thought massive new tariffs would give him leverage. So far what he’s gotten instead are a jittery ...
The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt limit increase. Historically, debt ceiling ...
US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.
It calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.
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