Washington Post: “We learned this week that the deficit is rising faster than the Congressional Budget Office previously predicted and that it could hit $1 trillion as soon as this year. The GOP’s tax cuts haven’t created the growth it promised, which means less revenue is coming in to the federal government. Combine that with spending hikes, and the president who said he would not just balance the budget but also eliminate the entire national debt is on a very fiscally unconservative trajectory toward a massive broken promise.”
“Not to worry, though; he can just get around to fixing it after he wins reelection.”
“That’s the constant refrain emanating from the White House and GOP circles. Repeatedly, internal leaks and GOP lawmakers have suggested President Trump could get serious about this come January 2021.”
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