While the headline is technically correct, I feel it totally glosses over the Trump tax cuts and impact lower revenue has on the deficit. It’s not a one sided equation!!
apple.news/ATaawM687RZm...
apple.news
US debt crosses $40 trillion threshold after doubling under Trump and Biden — Reuters
Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net...