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

TexasTowelie

(112,132 posts)
Tue Aug 6, 2019, 05:46 AM Aug 2019

$28,500,000,000,000: America's debt in 10 years under Trump, Congress budget deal

WASHINGTON — Here’s a bar tab you wouldn’t ever want: Within 10 years, the federal government will owe foreign and domestic creditors at least $28.5 trillion.

That’s $28.5 trillion, with a “T.” Or $28,500,000,000,000.

Under conservative economic projections.

And there’s no sign that anyone in Washington has the will to do anything about it.

“They don’t care about it,” said former Ohio Gov. John Kasich, who as chairman of the House Budget Committee helped shepherd into law in 1997 a bill that balanced the federal budget within one year. “Santa Claus has always been popular.”

Read more: https://www.thetimesnews.com/news/20190804/28500000000000-americas-debt-in-10-years-under-trump-congress-budget-deal
(Burlington, NC Times-News)

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
$28,500,000,000,000: America's debt in 10 years under Trump, Congress budget deal (Original Post) TexasTowelie Aug 2019 OP
Interesting how we don't hear any whining from whiney rethuglicons on the debt issue. democratisphere Aug 2019 #1
Remember his claims before he was elected, duforsure Aug 2019 #2

democratisphere

(17,235 posts)
1. Interesting how we don't hear any whining from whiney rethuglicons on the debt issue.
Tue Aug 6, 2019, 06:06 AM
Aug 2019

More of the same old rethuglicon hypocrisy.

duforsure

(11,885 posts)
2. Remember his claims before he was elected,
Tue Aug 6, 2019, 06:48 AM
Aug 2019

He would eliminate the national debt , because he was so good with business, and it would be so easy, and others were so corrupt because they had run up the debt. Remember that, and now he's doing the opposite of his claims, again. That's how you know a lot of the time what he'll really do, only think the opposite , and as worse as it could be, then you'll be closer to his real intentions, and the truth , which is something red donnie doesn't believe in, and I guess his followers don't either. The KGBOP want this country to fail as a Democracy , and the economy to fail to destroy it now.

Latest Discussions»General Discussion»$28,500,000,000,000: Amer...