Trump Added More to the National Debt Than Obama and Bush

[schism666]

President Trump added $7.8 trillion in ten-year budget deficits.​

making it rain!

Donald Trump’s final tab is in. Legislation and executive actions signed by former President Trump
added $7.8 trillion in ten-year budget deficits. When accounting for non-legislative budget savings,
the total projected budget deficits expanded by $3.9 trillion over the decade.

These figures appear in my new report, “Trump’s Fiscal Legacy: A Comprehensive Overview of Spending,
Taxes, and Deficits” which analyzes Congressional Budget Office data.

It begins with the ten-year (2017-2027) budget baseline that Trump inherited in January 2017, and then
measures all subsequent changes to those ten-year estimates that occurred during his presidency.
This includes aggregating every line-item of every bill he signed, as well as the deficit shifts driven by
economic changes and the Congressional Budget Office’s technical re-estimates of existing tax-and-spending policies.


When President Trump was inaugurated, the CBO projected $10 trillion in deficits over the 2017-2027 decade.
By the time Trump left office, CBO’s estimate had grown to $13.9 trillion.

 

[Sh1ne0n67]

At least you found the right place!
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).

 

[Sh1ne0n67]

Although, it might not be the right time...

I feel me some Dr. John.

I was in the right place,
but it musta been the wrong time.
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).

 

[Sh1ne0n67]

The politics board is the place for that.

It's not a Scientific Convention.
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).

 

[LukSkyFokker]

AJ got stuck on stupid.

 

[JohnEngelman]

Republican tax cuts for the rich and increases in military spending always add to the national debt. Republicans used to at least pretend that they cared about balanced budgets.

 

[jomar]

They do when dems have the majority