Later On

A blog written for those whose interests more or less match mine.

Donald Trump Has Finally Done Something: He’s Increased the Deficit By a Trillion Dollars

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Kevin Drum points out a significant and even important accomplishment for which Donald Trump can take credit—or, rather, debit.

This is pretty amazing. Donald Trump hasn’t actually done much of anything in the past five months except flap his jaws. But it’s been some pretty expensive flapping. CBO’s last projection of the federal deficit was released in January. Literally nothing has happened since then except for Trump shooting off his piehole every day and congressional Republicans demonstrating that they can’t control their own lunatics. But that’s been enough. CBO’s projection of the federal deficit over the next decade has already increased nearly a trillion dollars: . . . (and charts at the link: worth the click)

Continue reading.

Written by LeisureGuy

29 June 2017 at 7:45 pm

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