Thread: NATIONAL DEBT TOPS $22 TRILLION FOR FIRST TIME IN U.S. HISTORY

NATIONAL DEBT TOPS $22 TRILLION FOR FIRST TIME IN U.S. HISTORY

Posted By: Staff
February 15, 2019 @ 3:04 am
News Daypop

According to daily figures released by the Treasury Department, the U.S. national debt has topped $22 trillion for the first time in history.

The debt has ballooned by more than $2 trillion in the two years since President Trump took office in January 2017, when the debt stood at $19.9 trillion. It surpassed $21 trillion for the first time in history in March 2018. Under the Obama administration, the national debt grew from $10.6 trillion to $19.9 trillion, drawing criticism from Republicans. In an interview with the Washington Post in 2016, President Trump vowed to eliminate the national debt “over a period of eight years.”

However the ratio of debt-to-GDP has also increased, something that’s unusual in a strong economy. In June 2018, the Congressional Budget Office said in a report that the level of debt as a share of GDP had reached its highest levels since World War II.

National Debt Tops $22 Trillion for First Time
Via www.usnews.com
The U.S. national debt has reached a new milestone, topping $22 trillion for the first time. On…
02/13/2019 8:52 AM

https://www.ktts.com/2019/02/15/nati...n-u-s-history/

IT WILL BALLON ANOTHER 10 TRILLION IF WE DO NOT CLOSE DOWN THAT BORDER AND STOP BRINGING MORE FOREIGNERS HERE!

GET US OUT OF THESE NEVER ENDING WARS AND SEND THEIR REFUGEES HOME!

WE ARE SICK OF BAILING OUT THE ENTIRE WORLD...WHO WILL BE BAILING US OUT??? NOBODY!

TRUMP TAX CUTS FOR THE RICH

Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018