Trump goes silent on national debt while racking up $1 trillion in 14 months

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President Trump has now amassed his first $1 trillion in debt, crossing that ignominious mark late last week — and analysts said it’s just a taste of what’s to come after the tax-cuts and spending spree of recent months.

Indeed, his next $1 trillion could come within a year, and one analyst said he could soon be staring at $3 trillion annual deficits if things go particularly badly in interest rates.

“We are in for a rude awakening,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

Her organization calculated that with December’s tax cuts and January’s budget-busting spending deal, Mr. Trump has already signed legislation that will add at least $2.4 trillion to the debt in the next decade and, should Congress make those policies permanent, could add as much as $6 trillion.

At that rate, the government will be paying $1 trillion a year in interest payments alone.

He’s not the fastest to add his first $1 trillion. That would be President Obama, who did it in little more than six months, after inheriting a recession and the Wall Street bailout from his predecessor.

But Mr. Trump’s nearly 14-month span is worse than Presidents Clinton, George W. Bush, and all who came before them.

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