Home News US budget deficit jumps 23.1% over last year as debt crisis looms

US budget deficit jumps 23.1% over last year as debt crisis looms

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Reminder: Trump and Republicans claimed their tax scam for the rich was going to help the economy. “A number of factors are driving the deficit increase, including the $1.5 trillion tax cuts signed by President Donald Trump in 2017 along with a massive spending package.”

US budget deficit jumps 23.1% over last year as debt crisis looms

The US budget deficit jumped 23.1% in the first nine months of the fiscal year compared with the same period a year ago, according to the US Treasury.

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