Think Deficits Are Bad Now? You Ain’t Seen Nothin’ Yet
The Trump administration has been operating with a crisis-like fiscal policy for nearly four years. Now it looks like America’s hurtling toward a genuine economic crisis. What’s next? The U.S. appears to be heading for economic lockdown as the impact of...
Another Massive Budget Deficit to Start 2020
The Trump administration posted another massive budget deficit to start out calendar-year 2020. According to theย latest data released by the U.S. Treasury Department, Uncle Sam spent $32.6 billion more than it took in last month. That compares with an $8.7 billion...
Making Deficits Huge Again
Will massive deficits be the Trump legacy? The campaign rhetoric was all about “making America great again,” but the reality has been making deficits massive again. According to the Congressional Budget Office, the budget deficit will top $1 trillion in...