Trump says ‘Who the hell cares about the budget?’
The Social Security Trust Fund and Medicare Trust Fund are heading to run out of money in 10 to 15 years.
The Federal Deficit is now over $1 trillion per year thanks to the recent Republican tax cuts. This comes to over $3,000 per person or $12,000 for a family of four that is added to the national debt.
The total national debt is now $22 trillion. That’s $66,000 per person or $264,000 for a family of four. Compare that to the average household’s mortgage.
Although he promised to reduce the debt to zero in 8 years and constantly criticized the Obama administration for the recession caused deficits, he now says ‘Who the hell cares about the budget?’
As of January 22, 2020 Trump is promising to bribe voters with yet another tax cut to deepen the hole we are falling into.