WASHINGTON (AP) — In the event that the U.S. economy crashed, Donald Trump has floated a recovery plan based on his own experience with corporate bankruptcy: Trump later clarified that comment to say he would offer to buy the bonds back at a discount from investors in hopes of refinancing them at lower rates. [...] a move, never before attempted by the U.S.
A Trump Proposal For National Debt Would Send Rates Soaring
By JOSH BOAK, AP Economics Writer, San Antonio Express-News: World
Fri, 05/06/2016 - 12:15pm
BING NEWS:
- The National Debt Just Hit $36 Trillion. Does Trump Have a Plan To Control It?
It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy.
11/15/2024 - 2:48 pm | View Link - Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.
11/13/2024 - 7:14 am | View Link - As the Fed Cuts Rates, Treasury Yields Are Rising
As expected, yields on short-term Treasury bills fell in kind, with the 3-month yield dropping from 4.87 percent on September 16 to 4.54 percent today. But surprisingly, longer-term yields moved in ...
11/12/2024 - 7:04 am | View Link - Opinion: Musk drives the left wild. But he may help Trump make government great again.
One of the ideas I liked the most from Donald Trump on the campaign trail was his proposal ... debt, which was about $27 trillion when he left office in 2021. The interest alone on the national ...
11/11/2024 - 8:03 pm | View Link - Most Americans expect Trump to increase debt: Survey
A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 ...
11/8/2024 - 12:50 am | View Link - More
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