Thursday, February 23, 2017

Trump And The Debt Ceiling Deadline (March 15th)

We recently wrote about the upcoming budget battle as we approach the debt ceiling deadline March 15th. Past budget battles have been fierce and a risk to markets. President Donald Trump announced yesterday plans to submit a slim budget by mid-March. As we approach Mid-March the risk of a repeat budget battle could rattle markets.
President Trump On The Upcoming Budget
Here's what the President said yesterday:
Unfortunately the budget that we're inheriting is a mess. The finances of our country are a mess. But we're going to clean them up.
So we're going to continue on and were going to take this budget which is in all fairness, I've only been here for four weeks so I can't take too much of the blame for what's happened but it's absolutely out of control and were going to do things that are going to be tremendous over the years.
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