Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mitty14u2

(1,015 posts)
Tue Dec 11, 2018, 10:13 PM Dec 2018

National Dept Under Trump $21 Trillion 1st Time Ever - 5 Billion for Wall Dumb

Under Trump's watch, national debt tops $21 trillion for first time ever

About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.

The landmark comes shortly after Congress passed, and Mr. Trump signed, a suspension on the federal debt limit last month, allowing the government to borrow an unlimited amount of money until March 1, 2019.

When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion p

https://www.cbsnews.com/news/under-donald-trump-national-debt-tops-21-trillion-for-first-time-ever/

U.S. National Debt Clock : Real Time

http://www.usdebtclock.org/

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
National Dept Under Trump $21 Trillion 1st Time Ever - 5 Billion for Wall Dumb (Original Post) mitty14u2 Dec 2018 OP
Check your subject line please. n/t rzemanfl Dec 2018 #1
Latest Discussions»General Discussion»National Dept Under Trump...