national debt increase

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

[ad_1] 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 […]

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

[ad_1] 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 […]