Politico: “With a new bipartisan budget deal that does nothing to cut federal spending, Trump is on track for another $1 trillion deficit this year. And there’s no reason to believe the following fiscal year will be any different, with ballooning deficits from higher spending, the 2017 tax cuts — Trump’s signature legislative achievement, which slashed revenue — and none of the entitlement reforms long preached by Republican leaders on Capitol Hill.”
“Candidate Trump bragged that he would pay off the entire federal debt in eight years, but President Trump is governing as if deficits don’t matter.”
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