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Trump needs to get the tariff chaos under control. Trump knows it.
Too much uncertainty. Longer this tariff craziness continues, the sooner we'll see higher prices when we shop.
And there will be many angry Americans, not just the remorseful MAGAs.
The deficit has been the main reason for the fed not dropping rates, maybe now they will. Thank you mr president.
Thanks to the Department of Government Efficiency and new tariff revenue, deficit spending dropped by 92 percent during President Donald Trump's first approximately 100 days in office, compared to the same period last year under then-President Joe Biden. CNN reported that during Trump's first 100 days in office, 121,000 federal workers have been removed from the federal government or targeted for removal.
Biden oversaw a nearly 6 percent increase in the size of the full-time federal workforce during his time in office, with the total reaching over 3 million as of September 2024 for the first time since 1990, according to USA Facts.
In a February fact sheet, the Trump White House noted that "the federal government spent nearly $300 billion on compensation for civilian employees, excluding pensions" in fiscal year 2022. That has contributed significantly to overall spending and debt.