CNBCのインスタグラム(cnbc) - 2月26日 20時00分
President Donald Trump promised during his campaign that he would erase the national debt.
But earlier this month, his priorities shifted. He said building up the military is more important and that without it, “you don’t have to worry about debt.”
The national debt stands at $22 trillion, with $2.1 trillion of that deficit coming in under Trump’s presidency. Trump insisted his tax cuts, the decrease in regulations and greater infrastructure spending would stimulate the economy and cause growth.
Instead, the Congressional Budget Office predicts the budget deficit will continue to grow, eventually reaching about 150% of GDP in the next 30 years.
But before Trump focuses on the debt, he says he has “no choice but to straighten out our military.”
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#debt #nationaldebt #donaldtrump #trump #presidenttrump #campaign #military #army #defecit #president #gdp #politics #politicalnews #business #businessnews #cnbc
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