Drudge Retort: The Other Side of the News
Monday, February 10, 2020

Donald Trump's new budget proposal reportedly includes a $1 trillion deficit and would not come into balance until 2035, despite his previous promises to eliminate the entire national debt by 2024. According to Fox Business, a senior administration official said Trump's $4.8 trillion budget proposal for fiscal year 2021 would include add another trillion to the record $23 trillion-plus national debt. Though the plan includes proposed cuts of $4.4 trillion over 10 years, the official said it would not lead to a balanced budget until 2035, even under good economic conditions. When Barack Obama was president, Trump frequently complained about the budget deficit and the growing national debt. During the 2016 campaign, Trump promised he would balance the federal budget "quickly." He even boasted that he would pay back the nation's existing debt " already more than $19 trillion at the time " "over a period of eight years." Trump claimed he could do this by "renegotiating al

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" He even boasted that he would pay back the nation's existing debt " already more than $19 trillion at the time " "over a period of eight years."

Even Vernon's calculator is sweating droplets of blood over this one....

#1 | Posted by lfthndthrds at 2020-02-10 08:01 PM | Reply

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Drudge Retort