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

[Cellblock2429]

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."

/——/ Tell the democRATs in Congress to do their job and cut spending.

The First Stable Genius has it in hand. "President Donald Trump signed a budget deal last week that will add another $1.7 trillion to the national debt".

/—-/ How much did the democRATs and MSM attack Trump when he let the government shut down for a month? What names did you call him? Other than a veto what else can a President do? But you already knew that, didn’t you?

 

[Cellblock2429]

I’m independent. I vote out the big spenders.

So you never voted for Obama, and you voted against Hillary....nice to know.

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

 

[charwin95]

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."

The OP is lies and nonsense. You cannot know the deficit until all revenues have come in, and people are getting hired every day. And besides, Obama rakes up more DEBT than all presidents before him COMBINED and I don't remember you crying when that happened.

And this lying ignorant dude. He woke up January 20, 2017 suddenly became an expert, aware of the economy and unemployment.

 

[charwin95]

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

Dem's block all attempts at reducing spending.

It is always the other sides fault...which is why it always gets worse

Oh those assholes in the GOP are just as guilty of spending like there's no tomorrow, don't get me started on them.

And yet you vote for nothing but the GOP

No shit I'm certainly not going to vote for asshole Democrats.

And I will not vote..... for a corrupted, inept, lying bastard, hypocrite racist piece of shit president.

 

[Cellblock2429]

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."

The OP is lies and nonsense. You cannot know the deficit until all revenues have come in, and people are getting hired every day. And besides, Obama rakes up more DEBT than all presidents before him COMBINED and I don't remember you crying when that happened.

And this lying ignorant dude. He woke up January 20, 2017 suddenly became an expert, aware of the economy and unemployment.

/——/ We demand the facts and not your opinion. We’ve asked repeatedly.

 

[Brain357]

I’m independent. I vote out the big spenders.

So you never voted for Obama, and you voted against Hillary....nice to know.

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

 

[Cellblock2429]

I’m independent. I vote out the big spenders.

So you never voted for Obama, and you voted against Hillary....nice to know.

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

/—-/ Thanks for providing you have no idea how our government works. What a tool.

 

[Brain357]

I’m independent. I vote out the big spenders.

So you never voted for Obama, and you voted against Hillary....nice to know.

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

/—-/ Thanks for providing you have no idea how our government works. What a tool.

Thanks for proving you only care about deficits if you can blame a dem. Trump is a fiscal disaster.

 

[DBA]

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

WRONG...tax revenue increased after the cuts due the economic stimulation of the cuts as well as de-regulation. Spending has not slowed down and that is the problem. Tax cuts are good. Only an ignorant Democrat would say otherwise.

 

[Cellblock2429]

So you never voted for Obama, and you voted against Hillary....nice to know.

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

/—-/ Thanks for providing you have no idea how our government works. What a tool.

Thanks for proving you only care about deficits if you can blame a dem. Trump is a fiscal disaster.

/—-/ Dems control spending and the budget. When Trump shut down the government over the budget you sissies screeched bloody murder. You own it.

 

[Brain357]

Why would I vote against Hillary? Bill was our most fiscally responsible president in recent years and trump a big spender.

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

/—-/ Thanks for providing you have no idea how our government works. What a tool.

Thanks for proving you only care about deficits if you can blame a dem. Trump is a fiscal disaster.

/—-/ Dems control spending and the budget. When Trump shut down the government over the budget you sissies screeched bloody murder. You own it.

Trump and repubs had full control for 2 years and he increased Obama deficits during a strong economy. Completely irresponsible.

 

[Cellblock2429]

/——/ Oh the Republican controlled Congress had nothing to do with the budget? Billy Clintoon wrote and passed it by himself? Stop playing stupid.

Just like trump keeps signing us up for huge deficits.

/—-/ Thanks for providing you have no idea how our government works. What a tool.

Thanks for proving you only care about deficits if you can blame a dem. Trump is a fiscal disaster.

/—-/ Dems control spending and the budget. When Trump shut down the government over the budget you sissies screeched bloody murder. You own it.

Trump and repubs had full control for 2 years and he increased Obama deficits during a strong economy. Completely irresponsible.

/—-/ With you it’s always a one way street.

 

[BluesLegend]

And I will not vote..... for a corrupted, inept, lying bastard, hypocrite racist piece of shit president.

^^^ TDS victim. Are you sure you covered all the liberal talking points? Can you back up any of your frothing at the mouth claims?

 

[edward37]

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.

Great economy ?? That's why he begs the FED's Powell to reduce rates ? As the latest Republican candidate to enter the ring said "Trump doesn't know what the fuk he's doing""

 

[Cellblock2429]

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.

Great economy ?? That's why he begs the FED's Powell to reduce rates ? As the latest Republican candidate to enter the ring said "Trump doesn't know what the fuk he's doing""

/—-/ The Fed is and always had screwed up the economy by micro-managing it with rate hikes and cuts. And President Trump doesn’t beg anyone for anything.

 

[miketx]

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."

Projected by leftist hate mongers.

 

[impuretrash]

Has there ever been a presidency that didn't increase the debt?

 

[edward37]

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.

Great economy ?? That's why he begs the FED's Powell to reduce rates ? As the latest Republican candidate to enter the ring said "Trump doesn't know what the fuk he's doing""

/—-/ The Fed is and always had screwed up the economy by micro-managing it with rate hikes and cuts. And President Trump doesn’t beg anyone for anything.

He begged stormy ,,,and finally met her price

 

[edward37]

Has there ever been a presidency that didn't increase the debt?

Yes 2 Dems
Debt as a share of GDP has consistently increased since then, except during the terms of presidents Jimmy Carter and Bill Clinton. Public debt rose during the 1980s, as President Reagan cut tax rates and increased military spending.

 

[impuretrash]

Has there ever been a presidency that didn't increase the debt?

Yes 2 Dems
Debt as a share of GDP has consistently increased since then, except during the terms of presidents Jimmy Carter and Bill Clinton. Public debt rose during the 1980s, as President Reagan cut tax rates and increased military spending.

Are you sure you're not using some funny math to reach that conclusion about Clinton?