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Trump says he has reached a deal in the House on a temporary budget

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Photo: REUTERS/Brandon Bell/Pool
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Members of the U.S. House of Representatives came to a good agreement on a temporary budget to prevent a government shutdown. This was announced on December 19 by the American president-elect Donald Trump on his page on the social network Thuth Social.

"Speaker Mike Johnson and the House of Representatives have come to a very good deal for the American people," Trump said in the message.

He specified that the new agreement involves the elimination of the national debt ceiling until January 2027. In addition, farm funding will continue.

Trump called on Republicans and Democrats to approve the project.

On the eve of Trump in the social network Truth Social demanded from the Democrats to eliminate the ceiling of the US state debt or significantly increase its level. He connected the importance of this issue with the upcoming vote in the US Congress on the adoption of a temporary funding resolution for the US government, without which the United States faces a shutdown already from January 20. In turn, White House press secretary Karine Jean-Pierre accused Trump of allegedly ordering his fellow Republicans to shut down the US government.

Earlier, on December 11, the U.S. General Accounting Office (GAO) noted that Congress should immediately repeal the statutory national debt ceiling by tying the amount of borrowing to changes in government revenues and spending.

The next day, December 12, financial analyst Vladimir Levchenko told Izvestia that the US government debt will continue to grow. According to him, Washington has no options but default. The country keeps raising the ceiling of the state debt. As the expert pointed out, devaluation will not help the state in any way, because it will also lead to default.

Specialists of the International Monetary Fund (IMF) back in June called the growth of the U.S. national debt a threat to the global economy. Thus, by 2032, the country's national debt may exceed 140% of GDP. The IMF urged American politicians to carefully consider raising indirect taxes and gradually increasing income tax.

Переведено сервисом «Яндекс Переводчик»

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