US debt explodes under Trump and the GOP's leadership!

[UCmeNdc]

But as Politico reported Tuesday, the US federal deficit has also soared during his time in office.

According to Congressional Budget Office estimates, in less than two decades the federal deficit will the biggest in history.

“The prospect of large and growing debt poses substantial risks for the nation and presents policymakers with significant challenges,” according to CBO director Keith Hall.

“In CBO’s projections, most of the spending growth for Social Security and Medicare results from the aging of the population. Growth in spending on Medicare and the other major health care programs is also driven by rising health care costs per person,” he said.



https://www.rawstory.com/2018/06/us-debt-explodes-trump-threatening-vital-programs-like-social-security/#.WzJubHPIocA.twitter

[smirkymonkey]

1. K&R

[Doodley]

2. Black president - debt big problem. Orange president - debt no problem at all.

[louis-t]

3. "Reagan proved that deficits don't matter"

Richard Fuckhead Cheney

[Achilleaze]

4. republican "conservatives" - just another republican lie

the KGOp republicans continue to weaken America in every way they can find...

[KCDebbie]

5. The debt problem just gives the republicans

A reason to cut Social Security, Medicaid, SNAPs, etc...

The republicans (Ryan & McConnell) Have already talked about doing just that.

Also, paying the costs ($750/day) of detaining unforced immigrants and the children are draining the Treasury as well... More $ for the for-profit prison industry!

[maxrandb]

6. When President Obama took office, he inherited massive debt

and EVERY FUCKING NIGHT sometimes 6 to 7 times a night, the MSM ran story, after story, after story about the debt.

I haven't seen ONE FUCKING STORY ABOUT THE DEBT since Donnie Shit for Brains was elected.

[C_U_L8R]

7. Party of fiscal responsibility, my ass.

Republicans. What poseurs. What failures.

[duforsure]

8. Again their reason for giving the wealthy trillions

Was all along to cut all programs to pay for this greatest transfer of wealth again because they financed their getting elected. Bribes and pay for profits scam.

[SWBTATTReg]

9. And this is an issue that needs to be chained around the necks of the republicans...

the so called party of fiscal conservatives, eh?

Instead of being called fiscal conservatives, the republicans should be called the 'Koch' party or something like this. They certainly aren't representing everyday Americans, in leaving such a massive debt burden to be shouldered by the rest of us.

[progree]

10. "in less than two decades the federal deficit will the biggest in history. "

As a percent of GDP, surpassing the WWII record.

In plain dollars, it will much much sooner pass the Great Recession dollar record.