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national debtABC News
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77% Informative
The price of repaying the federal government’s existing debt could limit what he can do.
The federal debt at roughly $36 trillion , and inflation has pushed up borrowing costs.
The higher cost of servicing the debt gives Trump less room to maneuver with the budget as he seeks income tax cuts.
The issue of high costs helped Trump reclaim the presidency in November 's election.
The White House was last pressured by high rates to address debt service costs roughly three decades ago during the start of Democrat Bill Clinton's presidency.
Higher yields on the 10-year Treasury notes led Clinton and Congress to reach an agreement on deficit reduction, ultimately producing a budget surplus starting in 1998 .
VR Score
81
Informative language
78
Neutral language
58
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
1
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