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How the U.S. Government Amassed $31 Trillion in Debt

The New York Times – Business:

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.

Jim Tankersley
Author: Jim Tankersley

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jim Tankersley

in

Federal Budget (US), Medicare, National Debt (US), Obama, Barack, Recession and Depression, Stimulus (Economic), Taxation, Trump, Donald J, United States Economy, United States Politics and Government
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