Defeat Trump
Record government and corporate debt risks ‘tipping point’ after pandemic passes
Trump’s $4.8 Trillion Budget Would Cut Safety Net Programs and Boost Defense
President Trump released a $4.8 trillion budget proposal on Monday that includes a familiar list of deep cuts to student loan assistance, affordable housing efforts, food stamps and Medicaid. In a speech Mr Trump said his budget would bring deficit to zero with rosy assumptions about economic growth.
U.S. Household Debt Exceeds $14 Trillion for the First Time
The U.S. deficit hit $984 billion in 2019, soaring during Trump era
The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, the Treasury Department announced Friday, as the United States’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. The deficit grew $205 billion, or 26 percent, in the past year.
Radical Republican Tax Cuts are Bankrupting the Nation
Trump demands action to reduce deficit, pushes new deficit spending
Trump’s Economic Scorecard: Higher Inflation, Flat Wages And A Ballooning Federal Deficit
In the past few days, new economic reports have come out that don’t paint a very rosy picture for a number of economic items. While GDP hit 4.1% for the June quarter, but only 2.9% year over year, and the unemployment rate is hovering at all-time lows, inflation continues to increase, real wages are stagnant and the federal budget deficit is ballooning