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American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined. President Joe ...
In April 2020, it was reported that Trump was tens of millions of dollars in debt to China. In 2012, Trump's real estate partner refinanced the building 1290 Avenue of the Americas for almost $1 billion. The debt includes $211 million from the state-owned Bank of China, which matures in 2022. Trump owns a 30% stake in 1290 Avenue of the Americas.
Then in July 2019, Trump agreed to raise discretionary spending caps by another $320 billion in return for Democrats agreeing to extend the debt limit another two years, past the 2020 election.
Including a debt hike in that bill would be tough since conservatives say hiking the nation’s debt limit must be coupled with up to $2 trillion in spending cuts. Trump urged House Republicans ...
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 ...
Ignoring the pandemic relief measures enacted by both presidents, the proportion of debt addition still holds around 2-to-1, with former President Trump adding $4.8 trillion in non-pandemic-aid ...
Yes, former President Donald Trump added $8 trillion to the debt during his four years in office. Yes, President Joe Biden has done nearly as much damage—despite a bunch of disingenuous and ...
The Biden administration began loosening those rules beginning in 2021, and has so far cleared $73.7 billion of debt though the program. How Trump will handle PSLF going forward is unclear.