andybrwn5d ago
National debt surges past $39 trillion just weeks into the war in Iran - Los Angeles Times https://www.latimes.com/business/story/2026-03-19/national-debt-surges-past-39-trillion-just-weeks-into-war-in-iran #USPol #TrumpDeficit #TrumpRecession
National debt surges past $39 trillion just weeks into the war in Iran

The U.S. national debt has hit a record $39 trillion.

Los Angeles Times
A Guy Named Brian (he/him)Jun 4, 2025

β€œThe bill is expected to cut $1.3 trillion in spending, but also cut $3.7 trillion in total revenue, leading to the massive deficit. (The report also estimates that 10.9 million people will lose their health care by 2034 because of cuts to Medicare and the Affordable Care Act.)” 🀬

#Politics #USPolitics #FederalBudget #CongressionalBudgetOffice #TrumpsBigUglyBill #TrumpTaxCutsForTheRich #TrumpDeficit #TrumpMedicareCuts #Healthcare #MedicareMassacre #AffordableCareAct

https://newrepublic.com/post/196112/trump-budget-bill-deficit-cbo-estimate

Trump’s Big Beautiful Bill Adds Trillions to the Deficit, CBO Says

The Congressional Budget Office has just poured fuel over the Republican fight on the budget.

The New Republic
Captain Twinkie BucketJan 28, 2025

We need to be talking about how much the legal fees for defending all these lawless actions and executive orders, will add to the deficit. A deficit that will be paid by us taxpayers.

#TrumpDeficit

Greetings From Out Of the BlueFeb 1, 2023
β€œ7.8 trillion of the $31.4 trillion debt that now must be paid came from the Trump years, and much of it came from the 2017 Trump tax cuts on corporations and the wealthy. During the Trump years, Congress raised the debt ceiling three times.” #TrumpDeficit https://open.substack.com/pub/heathercoxrichardson/p/january-31-2023?r=ce00&utm_medium=ios&utm_campaign=post
January 31, 2023

House speaker Kevin McCarthy (R-CA) is having to grapple with the difference between the rhetoric that fires up the Republican base and the reality of governance. Since Nancy Pelosi (D-CA) became speaker in 2019, Republican lawmakers have been able to complain and demand without actually having to participate in legislation. Now, though, it is up to McCarthy to bring the party’s rhetoric into the reality of laws, and so far it’s not going particularly well.

Letters from an American
Fenix πŸ”₯Feb 13, 2020
#TrumpDeficit spikes 25 percent through January - TheHill https://thehill.com/policy/finance/482790-deficit-spikes-25-percent-through-january
Deficit spikes 25 percent through January

The federal deficit through January climbed to $389 billion, a 25 percent spike over the same period last year, according to Treasury Department data released Wedne