"The federal government ran a monthly budget deficit of $77 billion in July, up 79% over the same month a year ago. For the first 10 months of fiscal 2018, the shortfall totals $684 billion, according to the Treasury Department. That’s an increase of 21% compared to the same period in 2017."
https://www.marketwatch.com/story/fe...uly-2018-08-10
Propelled by the Republican tax-cut plan and increased government spending favored by both parties, the nation's deficit will top $1 trillion by 2020 and its debt burden within a decade will approach rates not seen since the aftermath of World War II, the Congressional Budget Office said Monday.
The budget deficit next year will rise to $804 billion, or $139 billion higher than the estimates made before the $1.5-trillion tax plan and $1.3-trillion spending bill were signed into law by President Trump in December and March, respectively.
http://www.latimes.com/politics/la-n...409-story.html
Why is this not an issue anymore?
https://www.marketwatch.com/story/fe...uly-2018-08-10
Propelled by the Republican tax-cut plan and increased government spending favored by both parties, the nation's deficit will top $1 trillion by 2020 and its debt burden within a decade will approach rates not seen since the aftermath of World War II, the Congressional Budget Office said Monday.
The budget deficit next year will rise to $804 billion, or $139 billion higher than the estimates made before the $1.5-trillion tax plan and $1.3-trillion spending bill were signed into law by President Trump in December and March, respectively.
http://www.latimes.com/politics/la-n...409-story.html
Why is this not an issue anymore?
via International Skeptics Forum https://ift.tt/2w27nwO
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