Yep, thanks to Trump, nothing but massive deficits as far as the eye can see...

Donald Trump's tax plan sharply reduced the top tax rate on individual income from 39.6% to 25%.
His plan also lowered the tax rate on corporate income from 35% to 15%, and applied this 15% to other business income.
(Drastically reducing tax revenues)

As a result, the Trump plan increases the federal deficit over the next decade by $10 to $12 trillion, according to
several estimates.

A high and rising national debt would raise the interest rates on US Treasuries, which would in turn decrease savings and increase borrowing costs
in the private sector. Both would lower economic growth.

BTW, Did Trump find $10 trillion in spending cuts to finance his huge tax cuts? Nope, he increased spending! Run up the debt, Fail, Pass the buck, Blame others...

Thats the Trump brand!

https://www.brookings.edu/articles/donald-trumps-t...

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