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So far Trump has America 2 trillion in debt in a year, so can he keep his campaign promise to eliminate the National Debt in 8 years?
9 Answers
- dominickLv 52 years ago
Hey libs want entitlements once you started them can't get rid of them. Free healthcare guess what that feeds our debt more then anyone will ever guess whats after trillion.
- ElaineLv 72 years ago
There is no way that can be done and Trump knows this. The national debt is now either 21 or 22 trillion dollars and there is interest which keeps on accumulating on this debt. The so-called tax reform bill reduced government revenues and the tariff wars have also reduced revenue coming into the government coffers. The only way the debt can be reduced is to cut expenses by eliminating and/or cutting back government programmes and applying that money to the debt. If the lenders decided to call in their loans to the US the country would be bankrupt which would make it more difficult for the US to secure loans.
- Anonymous2 years ago
He can't possibly do that. He knew it when he made that promise.
- Jake No ChatLv 72 years ago
He could but it is very unlikely with the tax an spend liberals gaining some strength.
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- Anonymous2 years ago
No and he's wasting millions with his shutdown, he said today government employees support the shutdown and the wall, both are clearly lies. They don't.
Nearly a year ago, as the debate over Republican tax breaks for the wealthy was near its end, Senate Majority Leader Mitch McConnell (R-Ky.) insisted that the tax cuts didn’t need to be paid for – because they’d pay for themselves. They don't.
Senate Majority Leader Mitch McConnell blamed rising federal deficits and debt on a bipartisan unwillingness to contain spending on Medicare, Medicaid and Social Security, and said he sees little chance of a major deficit reduction deal while Republicans control Congress and the White House. He does not blame the tax cuts for the rich and unnecessary increase in military spending for the much larger deficit (which is the cause).
- Anonymous2 years ago
most of the "national debt' is stashed away in state banks in a hundred smaller countries & used to give THEIR currency world-wide buying power .....................................
- Anonymous2 years ago
He's on track to create 25 million jobs and the gdp is growing 3% per quarter. The debt will shrink in time if the economy keeps growing and the Democrats don't f'uckk it up
You all need to quit acting like all this debt is Trump's fault. It was left behind by the two retards in office and nation building neocons in the Bush era House before him
You all bitchh because he left Syria and are bitching about the debt. How much was that costing us?
- Judy and CharlieLv 72 years ago
Believe me, he is NOT going to be in the White House for 8 years to do even more damage, fail yet again at another promise and then try to blame it on the Democrats!