Reported 2 days ago
As Donald Trump prepares to take office again, his first year is expected to be fraught with fiscal challenges, including potential debt downgrades and struggles to pass tax cuts amid a divided Republican Party. Despite a recent short-term spending bill that averted a government shutdown, the upcoming Congress may face significant hurdles, such as disagreements on extending tax cuts and raising the debt limit. With internal GOP factions resisting vast budget increases, Trump's agenda may encounter substantial roadblocks, raising concerns about the US fiscal stability for 2025.
Source: YAHOO