America’s $36 Trillion Debt Could Hamstring Trump Tax Cut, Tariffs Promises
The cost of paying the national debt next year will easily exceed spending on national security.
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President-elect Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them.
Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do.
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