News

Trump’s administration moves to reduce America’s $36 trillion debt

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The administration of President Donald Trump is reportedly considering using the proceeds from the sale of federal lands to help reduce the country’s $36 trillion debt.

However, this proposal is facing strong opposition from Senate Democrats, according to POLITICO.

Republican Senator Mike Lee hinted at the administration’s plan in a post on his official X account on Saturday.

He mentioned, “Democrats tried to block the use of any of that money to reduce our $36 trillion debt, but we stopped them.”

Reports suggest that Congressional Republicans are also considering the sale of public lands as a way to fund Trump’s ambitious domestic agenda. House Natural Resources Chair Bruce Westerman noted that one potential option under consideration would involve selling land near Western cities or national parks to facilitate the construction of more housing.

Experts have voiced concerns that such land sales could spark significant opposition from both Democrats and public land advocacy organizations.

For further information on sport secret and greatest sport icon click here

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

David Akachukwu

Recent Posts

What Davido said after Paulo questioned the state of Afrobeat

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago

Zamfara: Army makes major breakthrough after passengers were abducted

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago

EPL: SuperComputer makes surprise prediction ahead of new season

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago

Pharmacists Sound the Alarm Over What Is Happening to Nigeria’s Health Sector

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago

2027: What SERAP wants presidential candidates to reveal before election

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago

2027: Political parties get unexpected relief from INEC

Keep up with the latest news and be part of our weekly giveaways and airtime…

10 hours ago