Please ensure Javascript is enabled for purposes of website accessibility
The 2019 Federal Deficit Is Almost $1 Trillion. No One Seems to Care.
News
By News
Published 5 years ago on
October 9, 2019

Share

[aggregation-styles]

Earlier this week, the Congressional Budget Office announced that the federal deficit for this past fiscal year was $984 billion, the highest that it’s been in seven years.
In years past, that announcement would have been met with outrage by Republicans — and even some Democrats. We are mortgaging our children’s future! We are on an unsustainable path! We need to start tightening our belts!
Today? Barely a peep.
That change is indicative of how radically President Donald Trump has reshaped the Republican Party in his own image since he seized it in a hostile takeover in 2016. Trump has never evinced any real interest in shrinking the deficit — and the underlying national debt it feeds — beyond some platitudes offered to fiscal conservatives during the campaign.

Read More →

RELATED TOPICS:

DON'T MISS

Will ‘Too Many Cooks’ Complicate LA’s Recovery From Deadly Fires?

DON'T MISS

Russia Has Released Detained American Teacher Marc Fogel, the White House Says

DON'T MISS

How Many People Watched This Year’s Super Bowl?

DON'T MISS

Owner Jed York says 49ers Will ‘Do Everything’ to Keep QB Brock Purdy

DON'T MISS

Israel Threatens to Restart War in Gaza if Hamas Doesn’t Release Hostages

DON'T MISS

Luka Doncic Makes a Winning Impression in Lakers Debut

DON'T MISS

Curry Explodes for 38 Points as New-Look Warriors Beat Bucks

DON'T MISS

Musk’s Efficiency Cuts Slash $900 Million from Federal Education Research Office

DON'T MISS

Visalia Chase of Stolen Vehicle Ends in Multi-Car Crash

DON'T MISS

Bulldogs Fall at Nevada. Are They Headed for Worst Season in Nearly 50 Years?

UP NEXT

Rise of the Anti-“Woke” Democrat

UP NEXT

High-Level Saudi Visit Follows Multimillion-Dollar Foreign Influence Operation

UP NEXT

Iran and Russia Move to Fill Diplomatic Vacuum in Afghanistan

UP NEXT

Pelosi’s Husband Locked In $5.3 Million From Alphabet Options

UP NEXT

Experts Reportedly See Major Damage in Attack on Iran Centrifuge Plant

UP NEXT

Opinion: School Choice Marches Ahead

UP NEXT

Zakaria: Americans Care About History Because the Stakes Are High

UP NEXT

California Democrats Are Reliably Pro-Labor. But One Union Is Testing Their Patience.

UP NEXT

The Tightrope Walk Democrats Have Ahead on Two Separate Infrastructure Bills

UP NEXT

Bill Barr on Trump’s Election Fraud Claims: “It Was All Bullsh*t”

Owner Jed York says 49ers Will ‘Do Everything’ to Keep QB Brock Purdy

1 hour ago

Israel Threatens to Restart War in Gaza if Hamas Doesn’t Release Hostages

1 hour ago

Luka Doncic Makes a Winning Impression in Lakers Debut

2 hours ago

Curry Explodes for 38 Points as New-Look Warriors Beat Bucks

2 hours ago

Musk’s Efficiency Cuts Slash $900 Million from Federal Education Research Office

2 hours ago

Visalia Chase of Stolen Vehicle Ends in Multi-Car Crash

2 hours ago

Bulldogs Fall at Nevada. Are They Headed for Worst Season in Nearly 50 Years?

2 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Jesse Armando Casares

2 hours ago

Powell Says Fed ‘Well Positioned’ for the ‘Risks and Uncertainties’ That Lie Ahead

2 hours ago

Coca-Cola Reverses Sales Volume Slide, Sending Revenue up 6% in the Fourth Quarter

3 hours ago

Will ‘Too Many Cooks’ Complicate LA’s Recovery From Deadly Fires?

A proverb said to have arisen in 16th-century England postulates that “too many cooks spoil the broth.” When too many people are working on ...

27 minutes ago

Aerial View of Palisades Wildfire Destruction 2025
27 minutes ago

Will ‘Too Many Cooks’ Complicate LA’s Recovery From Deadly Fires?

President Donald Trump speaks during a meeting with Jordan's King Abdullah II in the Oval Office at the White House, Tuesday, Feb. 11, 2025, in Washington. (AP/Alex Brandon)
37 minutes ago

Russia Has Released Detained American Teacher Marc Fogel, the White House Says

Jalen Hurts Post Super Bowl 59
55 minutes ago

How Many People Watched This Year’s Super Bowl?

1 hour ago

Owner Jed York says 49ers Will ‘Do Everything’ to Keep QB Brock Purdy

Displaced Palestinians make their way from central Gaza to their homes in the northern Gaza Strip, Monday, Feb. 10, 2025. (AP/Jehad Alshrafi)
1 hour ago

Israel Threatens to Restart War in Gaza if Hamas Doesn’t Release Hostages

Luka Doncic's Lakers Debut
2 hours ago

Luka Doncic Makes a Winning Impression in Lakers Debut

2 hours ago

Curry Explodes for 38 Points as New-Look Warriors Beat Bucks

2 hours ago

Musk’s Efficiency Cuts Slash $900 Million from Federal Education Research Office

Help continue the work that gets you the news that matters most.

Search

Send this to a friend