enhanced_deficit
05-04-2020, 09:41 PM
Historic, biggest debt in entire US history. Trump might see himself as more Presidential than all US Presidents in history except Abe Lincoln, but in this regard no one can match his record in expanding big gov debt spending at lightening fast speed... not even Lincoln.
https://www.dcreport.org/wp-content/uploads/2019/06/Trump-debt-e1561925311887.jpg
U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars
Effort to combat coronavirus pandemic dwarfs borrowings during and after 2008 financial crisis
May 4, 2020
WASHINGTON—The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle what is likely to be the deepest economic downturn since the Great Depression.
wsj.com/articles/u-s-treasury-expects-to-borrow-2-99-trillion-in-second-quarter-as-stimulus-spending-soars-11588619567
Details seem to be behind paywall, will try to find another source as this stunning story is confirmed by other reliable MSM outlets.
Related
2.2 million would have died 'if we did nothing', says Trump (http://www.ronpaulforums.com/showthread.php?545825-Hoax-buster-2-2-million-would-have-died-if-we-did-nothing-says-Trump&)
The Intersection of Cyber Crime and Coronavirus Stimulus: The Perfect Storm for Fraud
nextgov.com/ideas/2020/04/intersection-cyber-crime-and-coronavirus-stimulus-perfect-storm-fraud/164552/
Developing... Tea Party in forced quarantine these days?
https://cbsnews3.cbsistatic.com/hub/i/r/2009/04/15/dbb13508-a642-11e2-a3f0-029118418759/thumbnail/620x350/157d8c164b0a85509bd702b3670238b0/image4946947x.jpg (http://www.ronpaulforums.com/showthread.php?545951-Israeli-given-69MILLION-to-make-coronavirus-ventilators-after-tweeting-Trump-0-delivered&p=6944138&viewfull=1#post6944138)
https://www.dcreport.org/wp-content/uploads/2019/06/Trump-debt-e1561925311887.jpg
U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars
Effort to combat coronavirus pandemic dwarfs borrowings during and after 2008 financial crisis
May 4, 2020
WASHINGTON—The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle what is likely to be the deepest economic downturn since the Great Depression.
wsj.com/articles/u-s-treasury-expects-to-borrow-2-99-trillion-in-second-quarter-as-stimulus-spending-soars-11588619567
Details seem to be behind paywall, will try to find another source as this stunning story is confirmed by other reliable MSM outlets.
Related
2.2 million would have died 'if we did nothing', says Trump (http://www.ronpaulforums.com/showthread.php?545825-Hoax-buster-2-2-million-would-have-died-if-we-did-nothing-says-Trump&)
The Intersection of Cyber Crime and Coronavirus Stimulus: The Perfect Storm for Fraud
nextgov.com/ideas/2020/04/intersection-cyber-crime-and-coronavirus-stimulus-perfect-storm-fraud/164552/
Developing... Tea Party in forced quarantine these days?
https://cbsnews3.cbsistatic.com/hub/i/r/2009/04/15/dbb13508-a642-11e2-a3f0-029118418759/thumbnail/620x350/157d8c164b0a85509bd702b3670238b0/image4946947x.jpg (http://www.ronpaulforums.com/showthread.php?545951-Israeli-given-69MILLION-to-make-coronavirus-ventilators-after-tweeting-Trump-0-delivered&p=6944138&viewfull=1#post6944138)