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Displaying items by tag: US debt

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Wednesday, 13 February 2019 21:11

US debt on steroids: Blame spending, not Trump tax cuts

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Yesterday, our federal debt reached $22 trillion, a new record for our country. Since President Trump took office in January of 2017, our debt has increased over $2 trillion. During the administration of President Obama, the debt increased from $10.6 trillion to $19.9 trillion. Thus, the national debt has more than doubled in 10 years as it is increasing more than $1 trillion per year.

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