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Saturday, March 17, 2018

Another Huge "Gift" From President Trump and the Republican Party

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Have you seen this yet?

U.S. national debt exceeds $21 trillion 

for first time 

About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.

When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion per year in the next decade, which would send the national debt soaring even higher.
Is fiscal conservatism dead?

Republicans railed against the national debt level under the Obama administration, when it jumped from $10.6 trillion to $19.9 trillion, nearly doubling, but few have been as outspoken about the situation with Republicans controlling Capitol Hill and the White House.

Insane. Insanity. Fiscal insanity and irresponsibility.

They're spending their way to huge debt, after railing about over-spending and debt and deficits for the previous 8 years. 

And for what?

So they could hand over yet more of the nation's wealth to the already-wealthy and corporations with their big "trickle down economics" tax bill they just passed.

Nation and middle- and lower- and working-classes be damned.

Now they're coming after Social Security, Medicare and Medicaid.

We have GOT to vote these people out.


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