Trump Vowed Not To Run $400 Billion Deficits. Instead He’ll Run A $1 Trillion One:
Does that technically count as a “promise kept”?
Fourteen months before he was elected president, Donald Trump vowed to make sure the country would never again run a $400 billion budget deficit.
“Well, he’s right about that,” laughed Capitol Hill budget veteran Stan Collender on Monday.
Because, as it turns out, Trump kept his promise; only not in the way his supporters might have hoped.
In the first budget cycle fully under their control, Trump and the Republican-run Congress are likely to run a deficit that will top $1 trillion, some two-and-a-half times as big as the one Trump had complained about at his Sept. 30, 2015, rally in Keene, New Hampshire.
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