- Joined
- Jan 23, 2019
- Messages
- 3,602
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- Seattle WA
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- Political Leaning
- Libertarian - Left
US budget deficit running 11.8% higher this year
"The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years."
"The country has not experienced $1 trillion annual deficits since the period from 2009 through 2012 following the 2008 financial crisis."
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The Clinton Presidency was the last time there was a budget surplus.
Trump vowed to cut the national debt “very quickly”. Was he lying? Is the United States his next bankruptcy?
Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. | Markets Insider
"The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years."
"The country has not experienced $1 trillion annual deficits since the period from 2009 through 2012 following the 2008 financial crisis."
————————————————
The Clinton Presidency was the last time there was a budget surplus.
Trump vowed to cut the national debt “very quickly”. Was he lying? Is the United States his next bankruptcy?
Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. | Markets Insider