US debt may rise again

07 September 2017, 10:06 | Economy
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This is reported by DW.

The president is ready to compromise with the Democrats, but only if they support a package of his federal decrees on assistance to victims in Texas.

However, experts warn that in December it will be necessary to work on the problem of possible default.



The Democratic Party insists that the regulation of public debt is flexible, the economy could adjust to the rhythm of such changes.

Note that such an agreement with the Democrats is almost the only one since the presidency of Trump.

The US public debt at the moment is $ 19.8 trillion, which is more than 105% of GDP.

As reported in URA-Inform, recently, US President Donald Trump presented a bill that he himself called "one of the largest reforms of the immigration system in half a century".




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