How America’s Debt Could Slow Down Trump’s Plans
2025-01-22
2025-01-22

America’s staggering $36 trillion debt is becoming a major headache for President Trump and his team. As Republicans work on pushing through Trump’s big-ticket plans, they’re also trying to avoid spooking Wall Street. Let’s just say, it’s not going to be easy.

During a recent closed-door meeting on Capitol Hill, lawmakers expressed serious concerns about the country’s financial health. Representative David Schweikert, a Republican from Arizona, warned that investors might start backing away from lending to the U.S. He stressed that the situation is far from just a policy issue—it’s a full-blown economic crisis in the making.

“This ain’t a game,” Schweikert said. He urged his colleagues to think carefully about how they approach and communicate their plans. And he’s not alone. Other lawmakers share his worries, especially as rising interest rates and a ballooning deficit complicate their ability to fast-track Trump’s agenda.

Adding to the pressure is the looming return of the debt limit. If Congress can’t agree on raising it, the U.S. could face a default, which would send shockwaves through global markets. Financial experts, including Citigroup’s chief economist Nathan Sheets, have noted that Wall Street is paying closer attention to the U.S. fiscal situation than ever before.

So, what does this mean for Trump’s plans? Simply put, Republicans are stuck between a rock and a hard place. They need to find ways to fund his ambitious proposals—think tax cuts and infrastructure spending—while keeping the debt in check. It’s a high-stakes balancing act that could shape the economy—and the political landscape—for years to come.

For now, all eyes are on Capitol Hill as lawmakers try to navigate this tricky situation. One thing’s for sure: the road ahead is anything but smooth.

How America’s Debt Could Slow Down Trump’s Plans
https://www.99newz.com/posts/debt-impact-trumps-agenda-2127
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99newz.com
Published at
2025-01-22
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CC BY-NC-SA 4.0