Why America Is Going Broke: 7 Surprising Facts About the Out-of-Control Federal Deficit

Craig Huey Economics 4 Comments

The federal deficit is big … and getting bigger. The omnibus spending bill President Trump recently signed will generate a deficit of nearly $900 billion this year … and nearly $1 trillion next year. By the end of FY 2018 – September 30th of this year – the gross U.S. federal government debt is estimated to be $21.48 trillion… And …