Donald Trump the First Debtor: Federal debt is projected to increase by 38% in Trump's 4-year tenure

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Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."

Gee, and where did most of that debt come from...dumbass.
 
That is a better record than the worthless incompetent Muslim Negro that these stupid Moon Bats elected for all the wrong reasons.

At least Trump is giving us a great economy for the debt. All we got out of the affirmative action Negro for the $10 trillion in debt was more poverty, less family income and dismal economic growth.
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."


WHAT!!!
DID SOMEONE EXPECT DIFFERENT???

they

he is a democrat turned republican after all

ALL THOSE LOW LIFE MOTHER FUCKERS ARE THE SAME,,,
 
Barry Hussein Sotoro Obama increased the federal debit by 74% and unemployment was in double digits while he told Americans that good factory jobs were gone forever. Make America great again. Trump is the only logical choice among the gaggle of democrats in the clown car.
 
Barry Hussein Sotoro Obama increased the federal debit by 74% and unemployment was in double digits while he told Americans that good factory jobs were gone forever. Make America great again. Trump is the only logical choice among the gaggle of democrats in the clown car.

Why do you lie so much?

Obama made the comment in June of 2016...

upload_2019-8-19_21-12-43.png
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."

Agree with the above post.
Trump is a LONG time NewYork DEMOCRAT.

The only way the economy CAN go under them is down.

why the Faux surprise.?
 
Barry Hussein Sotoro Obama increased the federal debit by 74% and unemployment was in double digits while he told Americans that good factory jobs were gone forever. Make America great again. Trump is the only logical choice among the gaggle of democrats in the clown car.


THATS THE KOOL ADE TALKING,,
 
That is a better record than the worthless incompetent Muslim Negro that these stupid Moon Bats elected for all the wrong reasons.

At least Trump is giving us a great economy for the debt. All we got out of the affirmative action Negro for the $10 trillion in debt was more poverty, less family income and dismal economic growth.
You're FOS 75 straight months of 6 digit employment gains , almost a triple in our DOW ,and cutting unemployment in half says so
 
Gee, and where did most of that debt come from...dumbass.

The spending bills he signed.

You have a link no doubt?

A link to what?

Do you not know how our system works? No money is spent without a spending bill signed by the president.

Are you so uninformed as to not know what the shutdowns were about?

Ok, so no link, or you're just too fricken lazy.
 
Gee, and where did most of that debt come from...dumbass.

The spending bills he signed.

You have a link no doubt?

A link to what?

Do you not know how our system works? No money is spent without a spending bill signed by the president.

Are you so uninformed as to not know what the shutdowns were about?

Ok, so no link, or you're just too fricken lazy.

No link to what? What do you want a link to?

Do you need a link to School House Rock so you can learn how the government works?

How about a link to a good GED program since you clearly never graduated high school.
 
Gee, and where did most of that debt come from...dumbass.

The spending bills he signed.

You have a link no doubt?

A link to what?

Do you not know how our system works? No money is spent without a spending bill signed by the president.

Are you so uninformed as to not know what the shutdowns were about?

Ok, so no link, or you're just too fricken lazy.

No link to what? What do you want a link to?

Do you need a link to School House Rock so you can learn how the government works?

How about a link to a good GED program since you clearly never graduated high school.

A link for your statement dumbass. Actually don't bother, I really am not interested in discussing anything with such an idiot.
 
The spending bills he signed.

You have a link no doubt?

A link to what?

Do you not know how our system works? No money is spent without a spending bill signed by the president.

Are you so uninformed as to not know what the shutdowns were about?

Ok, so no link, or you're just too fricken lazy.

No link to what? What do you want a link to?

Do you need a link to School House Rock so you can learn how the government works?

How about a link to a good GED program since you clearly never graduated high school.

A link for your statement dumbass. Actually don't bother, I really am not interested in discussing anything with such an idiot.

So, you do need a link to how our government works...why didn't you just say so.

There is no shame in admitting your ignorance.

A Brief Guide to the Federal Budget and Appropriations Process

Regardless of the final form the appropriations bills take, the last step in enacting program funding consists of the president signing the bills. As with more traditional legislation, the president has the authority to veto appropriations bills, and Congress can then attempt to override the veto. A two-thirds vote is required in both chambers to overturn a veto.
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."

Gee, and where did most of that debt come from...dumbass.
Tax cuts
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."

Gee, and where did most of that debt come from...dumbass.
Tax cuts

Small part of it, overspending is the problem.
 
Donald Trump promised to eliminate debt in 8 years. So far he is wrong-headed and directionless as he is increasing debt remorselessly.

Donald Trump described the debt as a time bomb and he is priming the bomb.

Not one cent has been spent on infrastructure, which was one of Donald Trump's key election policy issues.

"Nobody is a fiscal conservative anymore," especially Donald Trump who is now considering reducing payroll taxes which will further inflate the budget deficit.

Trump's government spends nearly as much paying interest on national debt as it spends on nation's children

TRUMP'S GOVERNMENT SPENDS NEARLY AS MUCH PAYING INTEREST ON NATIONAL DEBT AS IT SPENDS ON NATION'S CHILDREN
BY NICOLE GOODKIND ON 8/13/19 AT 7:26 PM EDT

President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt, according to the Committee for a Responsible Federal Budget. Despite promising to wipe out the national debt in eight years during his presidential campaign, the president has added an estimated $4.1 trillion to the country's debt within his first two and a half years in office.
Interest paid on the increasing national debt has surged, already surpassing the total spent all last year.
Net interest paid on the national debt has jumped up nearly $20 billion to $343 billion in the first 10 months of this fiscal year, already surpassing the $325 billion spent all of last year.
For comparison, in 2018, the federal government spent about $375 billion on children under the age of 19, according to the Urban Institute's Kids' Share report.
Projections find that the federal government spends about $1,200 per American on interest.
The president defended his actions on Twitter, claiming that there would be time to cut the budget later, after the 2020 election. "Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" he wrote. "Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!"

But fiscal hawks warn that time is running out. "This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy. We're already heading towards trillion dollar annual deficits, so adding more to the debt is the last thing we need," wrote Michael Peterson, CEO of the Peter G. Peterson Foundation.
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, issued a stern warning to politicians on both side of the aisle. "Going forward, neither side can claim a mantle of responsible governing, and few have any moral ground to stand on—this is a bipartisan failure," she wrote of the budget deal. "With the national debt rising to historic levels—soon to overtake the size of our entire economy and beyond—and with our largest programs, Social Security and Medicare, spinning toward insolvency, our nation's answer is to make the problem worse at every turn."

Rush Limbaugh, a conservative shock jock and friend of the president, said last month that debt was no longer a priority for Republicans, and that it never had been. "Nobody is a fiscal conservative anymore," he said on his radio show. "All this talk about concern for the deficit and the budget has been bogus for as long as it's been around."

Gee, and where did most of that debt come from...dumbass.
Tax cuts

Nice try, but not even close.
 

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