POLITICSTHE HILL
Trump plan to raise borrowing limit on shaky ground as debt roils bond market
President Trump's plan to raise the debt limit through the end of his presidency is facing difficulties due to rising concerns about the national debt, which has reached $40 trillion. The president is reportedly pushing Senate Majority Leader John Thune and House Speaker Mike Johnson regarding this matter.
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- Republicans start pondering another debt limit hike as midterms loom
- Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
- Trump shrugs off $40T national debt after vowing he'd cut it
- Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’
- Is the Trump Treasury panicking over the level of US debt?