America's $36 Trillion Debt Could Hamstring Trump Tax Cut, Tariffs Promises

Contributing sentiments towards policy:

42% : When Trump was last in the White House in 2020, the federal government was spending $345 billion annually to service the national debt.
39% : Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government's existing debt could limit what he's able to do.
35% : It's an idea that Trump has also backed, but one that would likely provoke challenges in court as it would undermine congressional authority.
35% : Trump has also talked up tariffs on imports to generate revenues and reduce deficits, while some Republican lawmakers such as House Budget Committee Chairman Jodey Arrington have discussed adding work requirements to trim Medicaid expenses.
33% : And the issue of high costs helped Trump reclaim the presidency in November's election.
27% : They have attacked Mr. Biden for the deficits and inflation, setting the stage for whether they can persuade Trump to take action.
25% : The higher cost of servicing the debt gives Trump less room to maneuver with the federal budget as he seeks income tax cuts.
23% : They're now 4.4 percent, having increased since September as investors expect Trump to add several trillions of dollars onto projected deficits with his income tax cuts.

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