Quote:
Originally Posted by Chicks
U.S. cruises toward record-breaking debt on Trump's watch
https://www.politico.com/story/2018/...records-651929
The nation’s fiscal outlook looks ever bleaker, thanks in part to deficit spending during President Donald Trump’s first term, Congress’ nonpartisan budget scorekeeper projected Tuesday.
Within 16 years, the federal deficit is expected to be the largest in history, outpacing even the fiscal shortfalls that followed World War II, according to Congressional Budget Office estimates.
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And yet, Debt to GDP or 2017 was VERY SLIGHTLY less than it was in Barry's last fiscal year. Still to high, and needs to come way down. We'll see what 2018 brings.
https://tradingeconomics.com/united-...nt-debt-to-gdp