Republican government: debt & spending
The U.S. deficit grew by $222 billion from this time last year — reaching a total of $895 billion, according to the nonpartisan Congressional Budget Office.
Why it matters: This increase was due mostly to the new Republican tax law and Congress' routine decision to increase spending, which grew by 7% compared to revenue growth of only 1%. The CBO says the deficit will approach $1 trillion by the end of Fiscal Year 2019.
September 12th, 2018 6:28am
This is a blatant lie.
They moved the accounting dates which nearly doubled the claimed figure.
September 12th, 2018 7:08am
It’s an accounting trick. Obama Obama’s Obamazzz!
September 12th, 2018 7:30am
They moved the dates and so it's a lot less than they are claiming. But it's still fairly large.
September 12th, 2018 8:08am