Showing posts with label US debt reaches record under Trump – – Republicans Mum. Show all posts
Showing posts with label US debt reaches record under Trump – – Republicans Mum. Show all posts

Wednesday, February 20, 2019


By Yahoo, Feb. 19, 2019

Washington (AFP) - More massive than the US economy, the national debt hit a new record of $22 trillion under President Donald Trump but Republicans who traditionally rail against debt and deficits have remained mum.

The sum of borrowing to cover chronic deficits as well as growing interest payments, this mountain of debt already stood at $19.95 trillion when Trump entered the White House, reaching the equivalent of US GDP for the first time since World War II.