Will it hurt the US and its allies? Here are 10 steps Donald Trump could take to avoid leading America towards back breaking national debt
US national debt that is slowly touching its peak, and could hurt Trump's second tenure badly. There are already mounting recession and inflation fears in the country, and if things around national debt keep pressing, that could mean a major disaster for the US economy in the upcoming Trump regime.
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What is Trump planning to do about the US national debt?
Meanwhile, congressional Republicans are already putting major proposals before Trump, which include ideas for boosting federal revenue and slash excess spending so their plans for major tax cuts and new security spending 'won’t explode the $36.2 trillion national debt', according to The Washington Post.
What could be impact of the US national debt on the incoming Trump government?
If the US national debt kept mounting, it could mean an economic slowdown, making things in Washington a bit complex, as Trump has a lot of tax plans and tariffs to impose, which could further complicate issues for the economy. In order to avoid busting the federal budget in the upcoming administration, Republican congressmen are counting on savings from spending cuts and new revenue from tariffs to accommodate for any bleeding that may be caused ahead.
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Repealing clean energy programs is one of the biggest bets on the Republicans' list as of now, as it will save them a
