National Debt Increase Archives

‘Pro-family initiative’: Donald Trump announces $1,000 government-funded accounts for American babies — who qualifies for the scheme?

Donald Trump announces a ‘pro-family’ legislation US President Donald Trump has unveiled a federal plan to boost future financial security for the next generation.The initiative includes opening $1,000 investment accounts for every American baby born between 2025 and 2029, reports the Guardian. The MAGA supremo describes this move as “a pro-family” effort, which is part […]

US Congressional Budget Office’s warning: Trump’s big bill could raise national debt by $2.4 trillion; 10.9 million to lose health insurance

The independent US Congressional Budget Office (CBO) announced on Wednesday that the comprehensive Republican legislation for tax reductions and federal programme cuts would potentially increase the national debt by $2.4 trillion in the next ten years. This analysis, reported by the New York Times, raised concerns about excessive government borrowing under President Donald Trump‘s domestic […]