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re: U.S. Budget Deficit Hits Widest on Record for Month of November - $205 BILLION

Posted on 12/13/18 at 10:46 pm to
Posted by Tiger Prawn
Member since Dec 2016
22059 posts
Posted on 12/13/18 at 10:46 pm to
How much of that deficit is interest payments on the $20 trillion national debt? If administrations for the past few decades knew how to balance a budget, we wouldnt be in this mess. $10 trillion was added just in Obama’s 8 years. Its going to increasingly get worse because the interest on that debt is going to become a bigger and bigger percentage of the government’s annual expenses.
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