US Politics in Trump era Public date: 19.09.2019 21:40:40

Publisher: NYTimes

Author:

10 Apr 2018

Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020

The national debt, which has exceeded $21 trillion, will soar to more than $33 trillion in 2028, according to the budget office. By then, debt held by the public will almost match the size of the nation’s economy, reaching 96 percent of gross domestic product, a higher level than any point since just after World War II and well past the level that economists say could court a crisis.
The national debt, which has exceeded $21 trillion, will soar to more than $33 trillion in 2028, according...

Publisher: NYTimes

Author:

28 Sep 2017

With Tax Cuts on the Table, Once-Mighty Deficit Hawks Hardly Chirp

A new tax cut is emerging to rival those of the Bush years, and the deficit hawks have hardly peeped. “It’s  a great talking point when you have an administration that’s  Democrat-led,” said Representative Mark Walker, Republican of North Carolina and the chairman of the Republican Study Committee, a group of about 150 conservative House members. “It’s a little different now that Republicans have both houses and the administration.”
A new tax cut is emerging to rival those of the Bush years, and the deficit hawks have hardly peeped. “It’s  a...

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